Q2 revenue falls 17%, margin widens, but net loss persists at Rs 320.82 crore
TTML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 0.9 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 revenue fell 16.7% year on year to Rs 286.13 crore. EBITDA rose to Rs 139.77 crore; margin widened to 48.8% from 40.4%. Net loss narrowed to Rs 320.82 crore from Rs 330.39 crore, but finance costs of Rs 424.99 crore exceeded EBITDA. H1 net loss was Rs 645.80 crore. Accumulated losses exceed paid-up capital and reserves, and current liabilities exceed current assets. Parent support is expected to address liquidity shortfalls for 12 months.
Weak revenue and losses keep the stock highly leveraged despite better margins. Parent support helps liquidity, but debt and negative equity remain concerns.