Tata Teleservices (Maharashtra) (532371) Q1 26/27 earnings summary

Executive summary

• Unaudited financial results for Q1 FY27 (ended June 30, 2026) were approved, showing continued operational activity and compliance with regulatory requirements.

• Board approved extension of redemption term for ₹2,018 Crores of 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares to October 17, 2036.

• Appointment of Mr. Kushalraj Sonida as Senior Management Personnel and recommendation of new statutory auditors for a five-year term.

Financial highlights

• Revenue from operations for Q1 FY27 was ₹301.57 Crores, up from ₹284.25 Crores in Q1 FY26 and ₹295.54 Crores in Q4 FY26.

• EBITDA for Q1 FY27 stood at ₹164.90 Crores, compared to ₹146.81 Crores in Q1 FY26 and ₹162.74 Crores in Q4 FY26.

• Net loss for Q1 FY27 was ₹72.15 Crores, compared to a net profit of ₹580.93 Crores in Q4 FY26 (which included exceptional items) and a net loss of ₹324.98 Crores in Q1 FY26.

• Basic and diluted EPS for Q1 FY27 was ₹(0.37), compared to ₹2.97 in Q4 FY26 and ₹(1.66) in Q1 FY26.

Outlook and guidance

• Financial statements prepared on a going concern basis, supported by a letter from the ultimate holding company to address liquidity shortfalls for the next 12 months.