MTNL Q2 Net Profit falls 25% to Rs.121.02 Crores

Mahanagar Telephone Nigam Ltd (MTNL) has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 1210.27 million for the quarter ended September 30, 2006 as compared to Rs 1625.31 million for the quarter ended September 30, 2005. Total Income has decreased from Rs 14440.55 million for the quarter ended September 30, 2005 to Rs 13767.67 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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