TTML Q1 FY27 results: Rs 72 cr loss, RPS redemption extended to 2036
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tata Teleservices (Maharashtra) posted Q1 FY27 revenue of Rs 301.57 cr (up about 6 percent YoY) and EBITDA of Rs 164.90 cr. Loss after tax was Rs 72.15 cr versus Rs 324.98 cr loss in Q1 FY26 which had a Rs 662.80 cr exceptional gain. Board extended redemption of Rs 2,018 cr preference shares held by parent Tata Teleservices Ltd to October 17, 2036. Going concern flagged as current liabilities exceed current assets, supported by a letter from the ultimate holding company. New auditor T.P. Ostwal recommended for a 5-year term from the 2027 AGM. Auditors gave an unmodified limited review opinion.
Persistent losses continue with deeply negative networth of Rs 20,056 cr. RPS extension and parent support signal heavy reliance on the Tata group.