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TTML Q3 FY26: Net Loss Narrows to ₹150.43 Crore; Revenue at ₹294.31 Crore
Tata Teleservices (Maharashtra) Limited
January 20, 2026, 07:33 AM
TTML reported a Q3 FY26 net loss of ₹150.43 crore, with revenue from operations at ₹294.31 crore. For the nine months ended December 31, 2025, the net loss was ₹796.23 crore. The company's accumulated losses exceed its capital and reserves, but it has a support letter from its holding company. Exceptional items included ₹3.80 crore demand from DoT and ₹4.05 crore impact from new labor codes.
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Tata Teleservices (Maharashtra) Limited (TTML) announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a net loss of ₹150.43 crore for the quarter, a decrease from the previous year's loss. Revenue from operations for the quarter stood at ₹294.31 crore, compared to ₹332.77 crore in the same quarter last year.
For the nine-month period ended December 31, 2025, the company's revenue from operations was ₹864.69 crore. The net loss for this period was ₹796.23 crore. The Board of Directors met on January 20, 2026, to approve these financial results. The company's accumulated losses have exceeded its paid-up capital and reserves, and current liabilities exceeded current assets as of December 31, 2025. However, TTML has received a support letter from its ultimate holding company, indicating confidence in meeting its liquidity requirements and continuing as a going concern.
Exceptional items included a demand of ₹3.80 crore from Term Cell (DoT) related to legacy mobility subscribers and an incremental impact of ₹3.98 crore for gratuity cost and ₹0.07 crore for leave encashment due to new labor codes. The company also revised the useful life of certain network assets from 18 to 25 years, resulting in a lower depreciation charge.
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