Tata Teleservices (Maharashtra) (532371) Q2 25/26 earnings summary

Executive summary

• Audited financial results for the quarter and half year ended September 30, 2025, were approved by the Board on October 23, 2025.

• The company continues to operate as a going concern based on a support letter from its ultimate holding company, despite accumulated losses exceeding paid-up capital and reserves.

Financial highlights

• Revenue from operations for Q2 FY26 was ₹286.13 crore, down from ₹343.50 crore in Q2 FY25.

• Net loss for Q2 FY26 was ₹320.82 crore, compared to ₹330.39 crore in Q2 FY25.

• EBITDA for Q2 FY26 stood at ₹139.77 crore, up from ₹138.74 crore in Q2 FY25.

• Net loss margin for Q2 FY26 was (112.12)%, compared to (96.18)% in Q2 FY25.

• Basic and diluted loss per share for Q2 FY26 was ₹(1.64), compared to ₹(1.69) in Q2 FY25.

Outlook and guidance

• The company expects to continue as a going concern, supported by its holding company for liquidity needs over the next 12 months.