Tata Teleservices (Maharashtra) Limited shares fell 10.16% in Friday trading after rising 18.56% a day earlier; audited results showed a narrower quarterly loss.
Mint market data showed the shares at ₹34.15 at 6:07 a.m. UTC (11:37 a.m. IST) Friday, Oct. 23. The stock had stood at ₹38.01, up 18.56%, at 10:21 a.m. UTC (3:51 p.m. IST) Thursday, Oct. 22.
The company reported a net loss of ₹59.20 crore for the quarter ended Sept. 30, according to a BSE filing. The loss was ₹320.82 crore in the year-earlier quarter and ₹72.15 crore in the June 2026 quarter.
Revenue from operations reached ₹309.65 crore, compared with ₹286.13 crore a year earlier. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to ₹164.61 crore from ₹139.77 crore. Finance costs were ₹191.49 crore, down from ₹424.99 crore in the year-earlier quarter.
The board approved audited results for the quarter and half year ended Sept. 30 at its Oct. 22 meeting. Price Waterhouse Chartered Accountants LLP issued an unmodified opinion on the results.
On its website, the company lists cloud and security services alongside connectivity, collaboration and marketing offerings for business customers. The BSE filing says Sweety Mamodia will become company secretary and compliance officer on Nov. 1, while Sai Pratyush and Vaibhav Ambradkar became senior management personnel on Oct. 22. Gaurav Gupta’s appointment as an additional director took effect Oct. 23, subject to shareholder approval.
