The leading telecom companies, including service providers, equipment manufacturers and solution providers announced their financial results for the first quarter ended June 30, 2006. All the major companies reported an increase in revenues vis-? -vis the corresponding quarter of the previous year. VSNL, MTNL, Avaya and ITI however witnessed a decline in profits during this period.
The following are net income and profit figures of the listed companies for which data was available…