Tata Teleservices Maharashtra Q1 Results, Revenue Increases to ₹327.17 Crore, Net Loss Grows to ₹323.40 Crore

Tata Teleservices Maharashtra Q1 Results: Tata Teleservices Maharashtra (TTML) declared its Q1 results for the fiscal year 2024-2025, showing a slight increase in revenue from operations at ₹327.17 crore, compared to ₹324.90 crore in the previous quarter (QoQ), marking a growth of 0.70%.

However, the company reported a net loss of ₹323.40 crore for Q1, a 4.55% increase from the previous quarter's loss of ₹309.34 crore. The earnings before interest, tax, depreciation, and amortization (EBITDA) stood at ₹138.53 crore, down by 2.75% from ₹142.45 crore in the preceding quarter.

TTML's operating profit margin declined to 29.05% from 31.38% in the previous quarter, while the net loss margin worsened to -99.97% from -95.68% QoQ. The interest service coverage ratio (ISCR) fell to 0.80 from 0.85, reflecting tighter financial conditions.

The company's board also approved extending the term for the redemption of certain preference shares by 24 months, indicating ongoing efforts to manage financial obligations amid challenging market conditions.

For More Q1 results check our Twitter Page

Tata Teleservices Maharashtra Q1 Results 2024 - 2025

Tata Teleservices  Maharashtra (TTML) announced its Q1 results for the fiscal year 2024-2025, reflecting a marginal increase in revenue but a continued net loss. The company’s performance shows a decline in key financial ratios compared to the previous quarter. Below is a summary of the financial highlights for Q1:

Source: Click Here

Tata Teleservices Maharashtra Current Market Overview

Tata Teleservices Maharashtra (TTML) is currently priced at ₹97.6 per share, with a slight increase of 0.34%. The company has a market value of ₹19,074 crore and its stock price has ranged between ₹65 and ₹111 over the past year.

While the stock does not pay a dividend, it shows a strong return on capital employed (ROCE) of 47.9%. Despite having a negative book value, TTML remains active in the telecom sector, focusing on growth and expanding its range of business services.

Quarterly Results

Tata Teleservices (Maharashtra) has shown a consistent pattern in its financial performance over recent quarters. Here is a closer look at the company's key financial metrics for the quarters ending December 2023, March 2024, and June 2024:

About Tata Teleservices Maharashtra 

Tata Teleservices Maharashtra (TTML) is a leading telecommunications company in India, offering a wide range of communication and connectivity solutions for businesses under the brand name Tata Tele Business Services (TTBS).

The company provides various services, including Internet, cloud, security, Internet of Things (IoT), and marketing solutions, aimed at helping small and medium-sized enterprises (SMBs) stay connected, secure, and competitive in the digital world.

TTML is known for its focus on customer needs and delivering reliable, integrated telecom solutions that go beyond just connectivity, supporting businesses to grow and succeed.

Visit our website for more Q1 results.