Mahanagar Telephone Nigam Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 2,090.2 million compared to INR 2,191.8 million a year ago. Revenue was INR 3,535.4 million compared to INR 4,181.4 million a year ago. Net loss was INR 7,837.4 million compared to INR 7,485.5 million a year ago. Basic loss per share from continuing operations was INR 12.44 compared to INR 11.88 a year ago. Diluted loss per share from continuing operations was INR 12.44 compared to INR 11.88 a year ago. Basic loss per share was INR 12.44 compared to INR 11.88 a year ago. Diluted loss per share was INR 12.44 compared to INR 11.88 a year ago.
For the full year, sales was INR 7,985.6 million compared to INR 9,352.3 million a year ago. Revenue was INR 13,731 million compared to INR 15,483.2 million a year ago. Net loss was INR 32,675.2 million compared to INR 29,151.1 million a year ago. Basic loss per share from continuing operations was INR 51.87 compared to INR 46.27 a year ago. Diluted loss per share from continuing operations was INR 51.87 compared to INR 46.27 a year ago. Basic loss per share was INR 51.87 compared to INR 46.27 a year ago. Diluted loss per share was INR 51.87 compared to INR 46.27 a year ago.