Kavveri Telecom has reported a 24.47 per cent decline in its net losses from Rs 167.5 million for the quarter ended December 2013 to Rs 126.5 million for the quarter ended December 2014. The decline was on account of a 57.8 per cent decrease in total expenses from Rs 381.7 million to Rs 157.4 million during the same period. Meanwhile, the total income from operations also declined by 37.4 per cent, from Rs 280.9 million in December 2013 to Rs 138 million in December 2014. Further, the company was able to reduce its losses before interest, taxes, depreciation and amortisation from Rs 100.8 million to Rs 19.4 million.
