MTNL NET RISES 15%
Article Abstract:
The net profit of Mahanagar Telephone Nigam Limited (MTNL) increased by 15.03 percent to Rs1,073.02 crore in 1997-98. Its total income increased by 13.41 percent. Income from services increased by 13.56 percent, total expenditure by 22.65 percent and other income by 3.82 percent. MTNL's internal debt declined by 44.32 percent. (gsh) ------------------------------------------------------------ Financial Results of Mahanagar Telephone Nigam Limited (Rs in crore) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Total Income 4,645.54 496.18 ------------------------------------------------------------ Income from Services 4,577.77 4,030.87 ------------------------------------------------------------ Total Expenditure 2,393.56 1,951.42 ------------------------------------------------------------ Internal debt 82.32 147.62 ------------------------------------------------------------ Other Income 67.81 65.31 ------------------------------------------------------------ Net Profit 1,073.02 932.78 ------------------------------------------------------------
Comment:
Posts net profit increase of 15.03% to Rs1,073.02 crore in 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
MTNL PLANS Rs4,027-CR CAPEX OVER 4 YRS IN MUMBAI
Article Abstract:
The Mahanagar Telephone Nigam Ltd has planned a Rs4,027 crore capital expenditure programme for Mumbai over the next four years. It plans to invest in setting up additional local and long distance switches, transmission equipment and equipment for its proposed cellular network. The company has planned investments of Rs858 crore in 1998, Rs941 crore in 1999, Rs1,083 crore in 2000 and Rs1,145 crore in 2001. It has decided to add 2.5 lakh telephone lines in 1998. (khr)
Comment:
Telephone firm plans Rs4,027 crore capital expenditure program for Mumbai over the next 4 years
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
MTNL REGISTERS 17.5% GROWTH IN PROFITS
Article Abstract:
Mahanagar Telephone Nigam Ltd (MTNL) has posted a 17.5 percent rise in its net profit to Rs675 crore during the first half of 1998-99 (Rs530 crore during the first half of 1997-98). During the period, it posted 27.7 percent rise in the earnings to Rs2,604 crore (Rs2,216 crore). MTNL has attributed its performance to its expansion plans. It is setting up new lines and new technologies like ISDN and Intelligent Network services. (ag)
Comment:
Mahanagar Telephone Nigam Ltd (MTNL) has posted a 17.5 percent rise in its net profit to Rs675 crore during the first half of 1998-99 (Rs530 crore during the first half of 1997-98).
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: EIH REGISTERS 11% FALL IN NET PROFIT IHCL REGISTERS 6% FALL IN NET ITC HOTELS REGISTERS DROP IN NET PROFIT
- Abstracts: BPCL REGISTERS 23% RISE IN NET BPCL H1 NET SALES UP. BPCL TO EXPAND CAPACITY TO 10 M TONNES
- Abstracts: INDAL SETS REVAMP TONE WITH VRS. INDAL GETS A BREATHER INDAL TIE-UPS IN TROUBLE
- Abstracts: MINISTRY OKAYS 30% NALCO DIVESTMENT CABINET OKAYS DIVESTMENT OF GOVT HOLDING IN ICI INDIA NALCO RIDES ON JAPAN'S ILLNESS TO HEDGE 20-BN YEN LOAN