Tata Teleservices Maharashtra board approves Q2, half-year results with reported loss

Tata Teleservices (Maharashtra) Limited’s Board of Directors approved the audited financial results for the second quarter and half year ended September 30, 2025. The company reported a total income of INR 287.99 Crores for the quarter and INR 574.35 Crores for the half year. Despite this, the company posted a net loss after tax of INR (320.82) Crores for the quarter and INR (645.80) Crores for the half year.

EBITDA for the quarter stood at INR 139.77 Crores, with a half-year EBITDA of INR 286.58 Crores. The company’s total assets as of September 30, 2025, were INR 1,234.71 Crores, while total liabilities also amounted to INR 1,234.71 Crores. The debt-to-equity ratio was (1.04) for both the quarter and half-year ended September 30, 2025.

The accumulated losses exceeded its paid-up capital and reserves, but the ultimate holding company has provided a support letter to address liquidity shortfalls, ensuring the company's ability to continue as a going concern. During the half year, the company reassessed the useful life of certain network assets, resulting in a lower depreciation charge by INR 6.06 Crores for the quarter and INR 11.97 Crores for the half year.