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The third quarter losses came in at about Rs 302 crore, hurt by finance costs. The losses stood at Rs 297.95 crore in the year-ago period.
The accumulated losses of the company as of December 31, 2021 have exceeded its paid-up capital and reserves.
According to a regulatory filing, the company has incurred net loss for the quarter and nine months ended December 31, 2021 and the company's current liabilities exceeded its current assets as at that date.
\"The company has obtained a support letter from its promoter indicating that the promoter will take necessary actions to organise for any shortfall in liquidity during the period of 12 months from the balance sheet date,\" the filing said.
The company said it is confident of its ability to meet the funds requirement and to continue business as a going concern and accordingly, the financial results have been prepared on that basis.
On February 1, 2022, TTML along with TTSL<\/a> (Tata Teleservices Ltd) informed the telecom department<\/a> about the decision to not pursue the option of conversion of interest into equity, the filing said, referring to the choice granted to companies under mega-reforms package announced last year.<\/body>","next_sibling":[{"msid":89442466,"title":"Trai seeks submission by Feb 15 on 5G auction as telcos, satellite cos divided over allocation","entity_type":"ARTICLE","link":"\/news\/trai-seeks-submission-by-feb-15-on-5g-auction-as-telcos-satellite-cos-divided-over-allocation\/89442466","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":89442535,"entity_type":"ARTICLE","title":"TTML losses widen to nearly Rs 302 crore in Dec quarter","synopsis":"The third quarter losses came in at about Rs 302 crore, hurt by finance costs. The losses stood at Rs 297.95 crore in the year-ago period.","titleseo":"telecomnews\/ttml-losses-widen-to-nearly-rs-302-crore-in-dec-quarter","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":4488,"shares":0,"engagementtimems":22080000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-02-09 07:33:06","lastupd":"2022-02-09 07:36:05","breadcrumbTags":["tata teleservices","ttml","TTML revenue","industry","TTML capital","TTML reserves","ttml share price","TTSL","telecom department","Tata Teleservices (Maharashtra)"],"secinfo":{"seolocation":"telecomnews\/ttml-losses-widen-to-nearly-rs-302-crore-in-dec-quarter"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-02-09" data-index="article_1">
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第三季度亏损约为302卢比,受融资成本。损失站在去年同期297.95卢比。
公司的累积损失截至12月31日,2021年已经超过实收资本和储备。
监管文件显示,该公司已发生的季度净亏损和九个月截至12月31日,2021年,该公司的流动负债超过了当前资产的日期。
“公司已经获得了支持其启动子的来信表明启动子将采取必要行动组织对任何流动性短缺的12个月期间资产负债表日期”文件说。
该公司表示,有信心能够满足资金需求,继续业务持续经营,因此,财务报表已经准备好了的基础。
2022年2月1日,TTML连同TTSL(塔塔电信业务有限公司)通知电信部门关于决定不追求利益转化为股本的选项,文件中说,指的是选择授予公司去年宣布mega-reforms包。
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