TATA TELESERV(MAHARASTRA)

Operates as a telecom and digital connectivity provider in the Maharashtra circle, with its enterprise arm Tata Tele Business Services (TTBS) selling connectivity, collaboration, cloud, security and communication solutions aimed at India's small and medium businesses. In July 2026, TTBS announced a collaboration with Tata Communications to offer unified AI infrastructure, including AI-powered Voice Agents, to India's 60 million plus SMBs. Q1 FY27 total income from operations rose to Rs 301.57 crore from Rs 284.25 crore year-on-year, with EBITDA at Rs 164.90 crore (margin about 55% vs 52% the prior quarter). The company reported a Q1 FY27 net loss of Rs 72.15 crore versus Rs 324.98 crore a year earlier, with quarterly finance costs of Rs 206 crore. For FY26, total revenue stood at Rs 1,160.23 crore against total assets of Rs 1,341.03 crore, with other operating expenses at 38.7% of revenue, employee costs at 7.5%, depreciation at 12.2% and capex at 11.6%. The statutory auditor flagged a going concern because current liabilities exceed current assets, though this is mitigated by a support letter from the ultimate holding company. The redemption of Rs 2,018 crore of redeemable preference shares held by parent Tata Teleservices Ltd was extended to October 17, 2036.