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MTNL FY05 net down 18%

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CIOL Bureau
New Update

NEW DELHI: MTNL has posted a 17.77% decline in net profit to Rs 946.04 crore for the year ended March 31, 2005, as compared to Rs 1150.47 crore for the year ended March 31, 2004. Total Income has decreased to Rs 6,001.89 crore for the year ended March 31, 2005 from Rs 6,683.93 crore in the corresponding period last year.






The company has posted a 5.2 percent growth in net profit to Rs 323.27 crore for the quarter ended March 31, 2005, as compared to Rs 307.09 crore for the quarter ended March 31, 2004. Total Income has increased to Rs 1,657.61 crore for the quarter ended March 31, 2005 from Rs 1,584.76 crore in the corresponding period last year.

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