Tata Teleservices (TTML) FY11 Results : Turnaround to profit this year

by khalid on 26/04/2011 · 0 comments

Tata Teleservices (Maharashtra) Limited (TTML) has posted a consolidated net profit for the period FY2011 (ending Mar 11) of the current fiscal (FY10-11). During the said period, consolidated net profit rose to Rs 80.23 crores in comparison to Rs (318.0) crores loss of FY10 (ending Mar 10) of previous year (FY09-10). Tata Teleservices Limited (TTLS) is a subsidiary of the Tata Group headquartered in Navi Mumbai, an Indian conglomerate. It operates under the brand name Tata Indicom in various telecom circles of India.

The company informed the share market (BSE/NSE) that the consolidated net sales rose 7.96% to Rs 2265 crore in FY2011 (ending Mar 11) of the current fiscal (FY10-11) when compared with the same period FY10 (ending Mar 10) of previous year (FY09-10). Consolidated net sales was Rs 2098 crores.

Share’s Data :-
BSE Code : 532371
Mkt. Cap : Rs 3,623.65 Crores
Tata Teleservices (Maharashtra) Ltd. share’s CMP is Rs 19.10 on 26th Apr 2011.

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