Mahanagar Telephone Nigam Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,922.4 million compared to INR 2,274.1 million a year ago. Revenue was INR 3,351 million compared to INR 3,542.8 million a year ago. Net loss was INR 8,390.3 million compared to INR 7,755 million a year ago. Basic loss per share from continuing operations was INR 13.32 compared to INR 12.31 a year ago. Diluted loss per share from continuing operations was INR 13.32 compared to INR 12.31 a year ago. Basic loss per share was INR 13.32 compared to INR 12.31 a year ago. Diluted loss per share was INR 13.32 compared to INR 12.31 a year ago.
For the nine months, sales was INR 5,895.5 million compared to INR 7,160.5 million a year ago. Revenue was INR 10,195.6 million compared to INR 11,301.8 million a year ago. Net loss was INR 24,837.8 million compared to INR 21,665.6 million a year ago. Basic loss per share from continuing operations was INR 39.43 compared to INR 34.39 a year ago. Diluted loss per share from continuing operations was INR 39.43 compared to INR 34.39 a year ago. Basic loss per share was INR 39.43 compared to INR 34.39 a year ago. Diluted loss per share was INR 39.43 compared to INR 34.39 a year ago.