New Delhi, Aug 25 IANS | 24 days ago

Sistema Shyam Teleservices' (SSTL) net loss narrowed down to Rs.402.5 crore in the second quarter (April-June) of 2014 compared to net loss of Rs.844.7 crore reported during the corresponding period last year, a company statement said here Monday.


The company operates under MTS brand name and follows the January-December fiscal.

Total revenues of the company increased by 15 percent to Rs.334.8 crore for the reported period against Rs 290.9 crore posted during the corresponding period last year.

"During the quarter, our consolidated revenues grew by 5 percent quarter-on-quarter, driven by growth in non-voice revenues. These results are a testament of the market acceptance of our world class 3G plus network. Going forward, we expect strong momentum to continue, especially in our data business," Dmitry Shukov, chief executive officer of SSTL said.

The non-voice revenues grew 14 percent during the quarter. The data card subscriber base of the company for the quarter increased by 8.5 percent to 1.4 million subscribers.

(Posted on 25-08-2014)

Share This Page:


Post your comments


Information on States of India:

Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal

INDIA REGIONAL MAPS:

Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |

MORE MAPS OF INDIA:

Airports of India | Districts of India | India Pilgrim Centers | Tourism Map of India | National Highways in India | India Railway Routes |

INDIA CITY MAPS:

Ahmadabad | Bangalore | Chennai | Coimbatore | Delhi | Hyderabad/Secunderabad | Kochi | Kolkata | Mumbai | Pondicherry | Pune | Surat |

KERALA TRAVEL MAPS:

Alappuzha | Ernakulam | Idukki | Kannur | Kasaragod | Kollam | Kottayam | Kozhikode | Malappuram | Palakkad | Pathanamthitta | Thiruvananthapuram | Thrissur | Wayanad |