TTML Q3 net loss rises to Rs 197 cr

Tata Teleservices Maharashtra (TTML) posted a net loss of Rs 197 crore in the third quarter of financial year 2012-13 as against loss of Rs 183.7 crore in previous quarter.

Total income from operations increased marginally to Rs 651 crore from Rs 643 crore during the same period.

Earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 17.4 percent QoQ to Rs 90 crore in October-December quarter.

Operating profit margin dropped quite sharply to 13.8 percent in the third quarter as against 17 percent in previous quarter.