TTML narrows Q2 loss to ₹59 crore, revenue up 8%; stock surges 9% on results day
Revenue from operations rose 8.2% year-on-year to ₹309.65 crore; the stock jumped 9.26% to ₹35.03 on the NSE by early afternoon on volumes of over 9.16 crore shares
Tata Teleservices (Maharashtra) Limited (TTML) narrowed its net loss to ₹59.20 crore for the quarter ending September 30, 2026, down significantly from ₹320.82 crore in the same period last year. Meanwhile, revenue from operations increased by 8.2% year-on-year to ₹309.65 crore. The company's stock surged 9.26% to ₹35.03 on the NSE by early afternoon, driven by trading volume of over 9.16 crore shares.
EBITDA for the quarter rose to ₹164.61 crore from ₹139.77 crore a year earlier, and operating profit margin improved to 41.73% from 35.10%. Finance costs, however, remained a significant factor, at ₹191.49 crore for the quarter. For the half year ended September 30, 2026, TTML reported a net loss of ₹131.35 crore, down from ₹645.80 crore a year ago, with revenue at ₹611.22 crore versus ₹570.38 crore.
New appointments include Gaurav Gupta as Additional Director (Non-Executive, Non-Independent) and Sweety Mamodia as Company Secretary and Compliance Officer.
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