Tata Teleservices (Maharashtra) Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations was INR 7,208.5 million against INR 6,622.6 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 344.5 million against INR 33.3 million a year ago. Loss from ordinary activities before tax was INR 1,690.8 million compared to INR 1,563.6 million for the same period a year ago. Net loss was INR 1,609.8 million or INR 0.86 basic and diluted loss per share against INR 1,563.6 million or INR 0.80 basic and diluted loss per share a year ago. The company continued its strategy of profitable revenue growth resulting in strong quarter on quarter EBITDA growth as the company grew EBITDA by 11.5% in third quarter fiscal over second quarter of 20 15. TTML's EBITDA stood at INR 1,560 million for the quarter in review.

For nine months, the company reported net sales/income from operations was INR 20,907.8 million against INR 19,834.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 114.4 million against INR 653 million a year ago. Loss from ordinary activities before tax was INR 4,513.6 million compared to INR 4,484.9 million for the same period a year ago. Net loss was INR 4,484.9 million or INR 2.31 basic and diluted loss per share against INR 4,484.9 million or INR 2.29 basic and diluted loss per share a year ago.