Tata Teleservices (Maharashtra) (532371) Q2 24/25 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 24/25 earnings summary
3 Sep, 2025Executive summary
Audited financial results for the quarter and half year ended September 30, 2024, were approved by the Board on October 24, 2024.
The company continues to operate as a going concern, supported by a letter from its ultimate holding company to address liquidity needs for the next 12 months.
Financial highlights
Revenue from operations for Q2 FY25 was ₹343.50 crore, up from ₹323.50 crore in Q1 FY25 and ₹345.03 crore in Q2 FY24.
Net loss for Q2 FY25 stood at ₹330.39 crore, compared to ₹323.40 crore in Q1 FY25 and ₹310.23 crore in Q2 FY24.
EBITDA for Q2 FY25 was ₹138.74 crore, marginally higher than ₹138.53 crore in Q1 FY25 and ₹127.32 crore in Q2 FY24.
Loss per share for Q2 FY25 was ₹(1.69), compared to ₹(1.65) in Q1 FY25 and ₹(1.59) in Q2 FY24.
Outlook and guidance
The company expects to meet its funding requirements and continue operations, based on support from its holding company.
Latest events from Tata Teleservices (Maharashtra)
- Revenue and EBITDA improved, but losses and high leverage continue; liquidity support remains crucial.532371
Q1 26/27 - Net loss narrowed to ₹215.30 crore in FY26, aided by AGR provision write-backs and improved EBITDA.532371
Q4 25/26 - Q3 FY26 posted higher revenue and lower net loss, but financial risks remain due to negative net worth.532371
Q3 25/26 - Net loss persists amid declining revenue, with operations reliant on holding company support.532371
Q2 25/26 - 10% revenue growth, digital portfolio expansion, and multiple awards mark a strong FY25.532371
AGM 2025 Presentation - Revenue rose but losses deepened; preference share redemption extended by 24 months.532371
Q1 24/25 - Q3 FY25 saw revenue of ₹332.77 crore and a net loss of ₹315.11 crore, with ongoing support for liquidity.532371
Q3 24/25 - Revenue rose but losses deepened in FY25; liquidity support and timely debt repayment ensured.532371
Q4 24/25 - Revenue and margins declined, losses persisted, and liquidity support remains critical.532371
Q1 25/26