TTML likely to post loss of Rs 148 cr in Q3

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TTML likely to post loss of Rs 148 cr in Q3

Tata Teleservices' (Maharashtra) loss is likely to be widened to Rs 148 crore in the October-December quarter of FY12 versus loss of Rs 130 crore in the previous quarter.

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Tata Teleservices ' (Maharashtra) loss is likely to be widened to Rs 148 crore in the October-December quarter of FY12 versus loss of Rs 130 crore in the previous quarter.

The company had reported a loss of Rs 249.5 crore in first half of FY12, due to interest expense of 252 crore.

Net sales are expected to be at Rs 622 crore versus Rs 613.2 crore quarter-on-quarter.

EBITDA is seen going up at Rs 147 crore from Rs 143.8 crore (includes other income).

Yesterday, the Supreme Court cancelled 3 licences of TTSL.