Tata Teleservices (Maharashtra) Limited has reported its financial results for the third quarter ending December 31, 2024, showcasing a mix of revenue growth and continued net losses. Below are the detailed performance highlights with YoY and QoQ percentage changes:
Revenue from Operations:
- Revenue stood at ₹332.77 crore in Q3 FY25, reflecting a 12.40% YoY growth compared to ₹296.03 crore in Q3 FY24.
- However, the revenue declined by 3.12% QoQ compared to ₹343.50 crore in Q2 FY25.
Total Income:
- Total income rose to ₹333.73 crore in Q3 FY25, marking an 11.69% YoY increase from ₹298.76 crore in Q3 FY24.
- On a sequential basis, total income saw a 3.27% QoQ decline from ₹345.03 crore in Q2 FY25.
EBITDA:
- Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) stood at ₹149.79 crore, registering a 7.74% YoY growth from ₹139.03 crore in Q3 FY24.
- On a QoQ basis, EBITDA improved by 7.96% from ₹138.74 crore in Q2 FY25.
Net Loss:
- Tata Teleservices reported a net loss of ₹315.11 crore in Q3 FY25, which represents a 2.41% YoY increase compared to ₹307.69 crore in Q3 FY24.
- However, the net loss narrowed by 4.62% QoQ, improving from ₹330.39 crore in Q2 FY25.
The company continues to face challenges in profitability while achieving steady revenue growth on a yearly basis. The sequential decline in revenue highlights the need for cost optimization and strategic realignments to address its ongoing financial challenges.
