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Tuesday, April 26, 2011

Tata Teleservices (Maharashtra) Ltd. (TTML) has Rs.80 crore net profit in 2010-11 against a net loss of Rs. 318 crore suffered in the fiscal before 2



Mumbai, April 26 : Telecom service provider Tata Teleservices (Maharashtra) Ltd. (TTML) Tuesday reported a radical turnaround, saying it earned a net profit of Rs. 80 crore for the 2010-11 fiscal year ended March 31 against a net loss of Rs. 318 crore suffered in the fiscal before 2009-10.

The total sales of the company stood at Rs. 3,168.43 crore during the period under review as against Rs. 2,277.78 crore during the year ago period, the company said in a regulatory filing.

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