TTML narrows Q2 loss to ₹59 crore, revenue up 8%; stock surges 9%

SENSEX 73,195.95

 -513.74

NIFTY 22,622.55

 -188.80

CRUDEOIL 9,501.00

+ 293.00

GOLD 144,774.00

 -1,305.00

SILVER 203,509.00

 -5,659.00

SENSEX 73,195.95

 -513.74

NIFTY 22,622.55

 -188.80

NIFTY 22,622.55

 -188.80

CRUDEOIL 9,501.00

+ 293.00

CRUDEOIL 9,501.00

+ 293.00

GOLD 144,774.00

 -1,305.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Revenue from operations rose 8.2% year-on-year to ₹309.65 crore; the stock jumped 9.26% to ₹35.03 on the NSE by early afternoon on volumes of over 9.16 crore shares

By Anupama Ghosh

Updated - October 22, 2026 at 01:54 PM.

Tata Teleservices (Maharashtra) Limited (TTML) on Thursday reported a sharply narrowed net loss of ₹59.20 crore for the quarter ended September 30, 2026, against a loss of ₹320.82 crore in the same quarter a year ago.

Revenue from operations rose 8.2 per cent year-on-year to ₹309.65 crore. The stock jumped 9.26 per cent to ₹35.03 on the NSE by early afternoon on volumes of over 9.16 crore shares.

EBITDA for the quarter climbed to ₹164.61 crore from ₹139.77 crore a year ago, and the operating profit margin improved to 41.73 per cent from 35.10 per cent.

Finance costs, however, remained the primary drag on the bottom line at ₹191.49 crore for the quarter. For the half year ended September 30, 2026, the net loss narrowed to ₹131.35 crore from ₹645.80 crore in the year-ago period, with revenue at ₹611.22 crore versus ₹570.38 crore.

Gaurav Gupta, a Tata Sons Group Strategy Office executive with two decades of M&A and finance experience, was appointed Additional Director (Non-Executive, Non-Independent) with effect from October 23, 2026, subject to shareholder approval.

Sweety Mamodia was named Company Secretary and Compliance Officer from November 1, 2026. Sai Pratyush (VP-Strategy) and Vaibhav Ambradkar (GM-Customer Experience) were designated Senior Management Personnel effective October 22, 2026.

Despite the quarterly improvement, TTML’s stock is down roughly 37 per cent over the past year and trades well off its 52-week high of ₹58.25 recorded in November 2025.

Published on October 22, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers