Tata Teleservices (Maharashtra) Limited has released its audited financial results for the quarter and year ended March 31, 2026. The company reported a profit after tax of ₹580.93 crore for the fourth quarter, compared to a net loss in the previous quarter. For the full financial year, the company recorded a net loss of ₹215.30 crore. Operations remain focused on telecommunication services under the Unified License framework, supported by ongoing group financial commitment.
Quarterly Financial Performance
For the fourth quarter (January-March 2026), the company achieved a total income of ₹297.28 crore. Driven by exceptional items including the reversal of certain deferred payment liabilities, the company posted a profit after tax of ₹580.93 crore. This is a significant turnaround from the loss of ₹150.43 crore reported in the third quarter of the fiscal year.
Annual Financial Overview
On an annual basis, for the financial year ending March 31, 2026, the company reported a total income of ₹1,167.76 crore. The net loss for the year stood at ₹215.30 crore, an improvement over the previous year’s loss of ₹1,275.32 crore. The financial results reflect a focus on operational efficiency, with an annual EBITDA of ₹624.94 crore.
Key Operational Highlights
The board meeting held on April 23, 2026, reviewed and approved these results. A key factor in the annual results was the reassessment of the useful life of certain network assets, which lowered the depreciation charge for the fiscal year by ₹23.91 crore. Additionally, the company has successfully paid the annual AGR-related installment due on March 31, 2026, amounting to ₹615.42 crore for AGR dues and ₹37.56 crore for related dues.
Going Concern and Future Outlook
Despite accumulated losses, the company remains committed to its operations. The management has secured a support letter from the ultimate holding company, ensuring that the necessary financial actions will be taken to manage liquidity for the next 12 months, thereby allowing the company to prepare its results on a going concern basis.
Source: BSE
