Tata Teleservices (Maharashtra) Limited has posted a net loss of Rs 1.446 billion for the third quarter ended December 2011.

Moreover, the company?s customer base, at the end of the third quarter, declined to 15.54 million, from 16.22 million a year ago and 17.58 million a quarter ago.

Net sales rose nearly 11 per cent, to Rs 6.24 billion from Rs 5.63 billion (from Rs 6.13 billion in the September 2011 quarter); while total expenditure rose to Rs 6.37 billion, from Rs 5.90 billion.

EBITDA stood at Rs 1.36 billion for the quarter.