Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding Board meeting held on July 23, 2025.
TTML · price
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Awaiting price reaction for this filing.
Tata Teleservices (Maharashtra) Limited (TTML) reported unaudited Q1FY26 results with revenue from operations declining to ₹284.25 crore, down from ₹323.50 crore in Q1FY25 (about 12% YoY drop). Despite weaker revenue, EBITDA margin improved significantly to 37.91% from 29.05% a year earlier, reflecting cost optimisation. However, the company posted a net loss of ₹324.98 crore, largely driven by steep finance costs of ₹432.89 crore. The auditor (Price Waterhouse) issued a limited review report with an unmodified opinion. The Board also approved amendments to the Insider Trading Policy.
Continued losses, negative networth of around ₹19,568 crore, and current liabilities exceeding current assets raise going-concern concerns, though a support letter from the ultimate holding company provides comfort. High finance costs and revenue decline remain key risks for shareholders, while EBITDA margin improvement is a small positive signal.