Financial Daily from THE HINDU group of publications
Wednesday, Jan 08, 2003
Financial Daily from THE HINDU group of publications Wednesday, Jan 08, 2003 |
|
|
|
|
|
Info-Tech
-
Telecommunications Corporate Results - Telecommunications Hughes Tele.com cuts net loss Our Bureau
MUMBAI: Hughes Tele.com (India) Ltd reported a net loss of Rs 21.8 crore for the quarter ending December 2002 against a net loss of Rs 37.3 crore in the year-ago period. The company has announced a 133 per cent increase in operating profit at Rs 16.3 crore for the quarter ended December 2002 against Rs 7 crore in the year-ago period. The company said its telecom service revenues increased by 41 per cent to Rs 94.6 crore in the quarter (Rs 67.3 crore). For the nine-month period, telecom service revenues increased by 41 per cent to Rs 258.9 crore (Rs 183.3 crore). Operating profit for the nine-month period was Rs 46.7 crore (Rs 10.8 crore). Net loss for this period was Rs 80.3 crore against a net loss of Rs 104.3 crore in the year-ago period.
Send this article to Friends by
E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|