Tata Teleservices Maharashtra reports net loss of Rs 123.40 crore in Q4

Tata Teleservices Maharashtra has reported results for fourth quarter ended March 31, 2012.

On the standalone basis, the company has reported net loss of Rs 123.40 crore for the quarter ended March 31, 2011, against net loss of Rs 330.49 crore for the corresponding period last fiscal. However, total income increased by 12.43% at Rs 651.51 crore during the quarter under review from Rs 579.49 crore in the year-ago period.

Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa.