TTSL net loss widens to Rs 10.69 billion during QE June 2020

Tata Teleservices Limited (TTSL) has reported a net loss of Rs 10.69 billion during quarter ended (QE) June 2020. The company’s net loss widened from Rs 2.28 billion it had reported during quarter ended June 2019.

Further, TTSL’s total revenues for the period under consideration stood at Rs 2.47 billion. It reported revenue worth Rs 2.95 billion in QE June 2019.

Meanwhile, its earnings before interest tax depreciation and amortisation (EBITDA) stood at Rs 1.22 billion, up from Rs 523.7 million in June 2019.