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Tata Teleservices Q4FY23 net profit drops by 1.2%

Tata Teleservices Ltd is engaged in the business of Wired and wireless telecommunication activities and holds a Unified License with Access Service Authorisation in Maharashtra and Goa and also as in Internet Service Provider Category The co. is focused on providing various wireline voice, data, and managed telecom services. 

  • Tata Teleservices Ltd reported Total Income for Q4 FY23 of ₹280 Crore, up from ₹273 Crore year on year, a growth of 1.2%.
  • Total Expenses for Q4 FY23 of ₹150 Crore up, from ₹152 Crore year on year, a decline of 1.9%.
  • Consolidated Net Profit of (₹277) Crore, down 1.2% from (₹281) Crore in the same quarter of the previous year.
  • The Earnings per Share is (₹1.42), down 1.3% from (₹1.44) in the same quarter of the previous year.
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