Board approves Q2 results, appoints Director, KMP and two Senior Management Personnel
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Tata Teleservices (Maharashtra) board approved audited Q2 FY26 results. Revenue from operations rose to Rs 309.65 Cr (vs Rs 286.13 Cr YoY). Net loss narrowed sharply to Rs 59.20 Cr from Rs 320.82 Cr. H1 FY26 loss improved to Rs 131.35 Cr from Rs 645.80 Cr. Auditor Price Waterhouse gave an unmodified opinion. Board also appointed Mr Gaurav Gupta (Tata Sons) as additional non-executive director, Ms Sweety Mamodia as new Company Secretary and Compliance Officer, and Mr Sai Pratyush and Mr Vaibhav Ambradkar as Senior Management Personnel.
Sharp YoY loss reduction signals operational turnaround, but net worth remains deeply negative with going concern reliant on holding company support.