InvestorQ : How do you see the latest results of MTNL reducing its losses?
prachi Patwardhan made post

How do you see the latest results of MTNL reducing its losses?

Answer
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3 months ago


MTNL reported narrowing of losses to Rs.624 crore for the Mar-20 quarter on account of reduction in headcount under VRS. MTNL had posted a loss of Rs.759 crore in Mar-19. During the Mar-20 quarter 14,387 employees of MTNL opted for VRS. Total income for the quarter fell 26.77% to Rs.519 crore.