Tata Teleservices zooms after Q2 net loss narrows to Rs 59 crore

Tata Teleservices (Maharashtra) (TTML) surged 18.80% to Rs 37.80 after the company?s consolidated net loss sharply narrowed to Rs 59.20 crore in Q2 FY27 compared with net loss of Rs 320.82 crore in Q2 FY26.

Revenue from operations increased 8.22% year-on-year (YoY) to Rs 309.65 crore in the quarter ended 30 September 2026, compared with Rs 286.13 crore in the corresponding quarter last year.

Employee benefit expenses increased 15.13% YoY to Rs 25.27 crore during the quater. Finance costs declined sharply by 54.94% to Rs 191.49 crore in Q2 FY27 from Rs 424.99 crore in Q2 FY26,

EBITDA rose 17.77% YoY to Rs 164.61 crore in Q2 FY27, compared with Rs 139.77 crore in Q2 FY26.

For the half year ended 30 September 2026, the company's net loss narrowed to Rs 131.35 crore from Rs 645.80 crore in H1 FY26. Revenue from operations increased 7.16% YoY to Rs 611.22 crore, while EBITDA rose 14.98% to Rs 329.51 crore.

Tata Teleservices (Maharashtra) provides connectivity and communication solutions market for SME segment in India. The company offers a comprehensive portfolio of Information and Communication Technology (ICT) services, including connectivity, collaboration, cloud & SaaS, security, and marketing solutions - under its brand Tata Tele Business Services (TTBS).

Powered by Capital Market - Live News