Tata Teleservices (Maharashtra) Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations was INR 6,622.6 million against INR 6,398.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 344.5 million against INR 731.2 million a year ago. Loss from ordinary activities before tax was INR 1,563.6 million compared to INR 1,971.6 million for the same period a year ago. Net loss was INR 1,563.6 million or INR 0.80 basic and diluted loss per share against INR 1,971.6 million or INR 1.01 basic and diluted loss per share a year ago. EBITDA is INR 1,480 million. Revenues were INR 7,110 million against INR 6,670 million a year ago.

For nine months, the company reported net sales/income from operations was INR 19,834.3 million against INR 19,389.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 653 million against INR 1,354.9 million a year ago. Loss from ordinary activities before tax was INR 4,484.9 million compared to INR 5,435.3 million for the same period a year ago. Net loss was INR 4,484.9 million or INR 2.29 basic and diluted loss per share against INR 5,435.3 million or INR 2.78 basic and diluted loss per share a year ago. EBITDA is INR 4,470 million. Revenues were INR 20,970 million against INR 19,840 million a year ago.