MTNL Q2 net loss at Rs 768.32 cr

[rahul1117kumar]

State-run telecom firm MTNL today reported a standalone net loss of Rs 768.32 crore for the quarter ended on September 30, 2016, against that of Rs 730.35 crore in the same period a year ago.

Net revenue from operations declined to Rs 729.2 crore during the said quarter from Rs 774.18 crore in the corresponding period of 2015-16.

The company's revenues from both mobile and landline services were lower in the quarter compared to the year-ago period.

Its expenses included Rs 699 crore in employee benefits, Rs 57.98 crore in revenue sharing and Rs 65.61 crore in licence fee and spectrum charges.

MTNL: mtnl q2 net loss at rs 768.32 cr, Telecom News, ET Telecom

 

[techmania]

So fat a** good for nothing sarkari employees draining the company money. High time for compulsory vrs for non performers lazy asses. Mtnl serves the areas of india where other pvt companies fight to get even a tiny share. They get everything from spectrum to equipment for free from taxpayer money, then why cant they be accountable to the taxpayer.