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MTNL Defaults ₹3337 Crore in Interest/Principal for Q4FY26

Mahanagar Telephone Nigam Limited

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January 15, 2026, 10:01 AM

MTNL reported defaults of ₹3337 Crore (₹2095 Crore principal, ₹1242 Crore interest) for the quarter ended December 31, 2025. Total outstanding loans from banks were ₹9036 Crore. Total financial indebtedness stands at ₹35851 Crore, including bank loans, SG Bonds, and a DoT loan.

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Mahanagar Telephone Nigam Limited (MTNL) has disclosed defaults on payment of interest and principal amounts on its loans from banks and financial institutions for the quarter ended December 31, 2025. The total amount outstanding as of December 31, 2025, was ₹9036 Crore.

Of this total outstanding amount, MTNL reported defaults amounting to ₹3337 Crore. This includes ₹2095 Crore in principal repayment defaults and ₹1242 Crore in interest payment defaults.

The company's total financial indebtedness, encompassing short-term and long-term debt, stands at ₹35851 Crore. This includes a bank loan of ₹9036 Crore, an SG Bond of ₹24071 Crore, and a loan from the Department of Telecommunications (DoT) amounting to ₹2744 Crore for paying SG Bond interest.

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