The company witnessed improvement in its bottom-line as net loss narrowed to Rs288.29cr in the quarter under review, against a net loss of Rs873.96cr a year ago same period. In December 2021 quarter, Tata Teleservices has posted a net loss of Rs297.95cr.
Further, the company's revenue from operations increased to Rs265.29cr in Q4FY21 compared to Rs258.88cr in the corresponding period of the previous year. However, Q4FY21 revenue was lower from Rs278.41cr of the preceding quarter.
On Sensex, Tata Teleservices closed at the upper circuit of Rs12.74 per piece up by 4.94%.