Mahanagar Telephone Nigam Ltd

SEPC Ltd, Data Patterns (India) Ltd, Godfrey Phillips India Ltd and Avenue Supermarts Ltd are among the other gainers in the BSE's 'A' group today, 13 March 2025.Mahanagar Telephone Nigam Ltd spiked 12.23% to Rs 48.64 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 44.37 lakh shares were traded on the counter so far as against the average daily volumes of 5.07 lakh shares in the past one month. SEPC Ltd soared 9.36% to Rs 16.82. The stock was the second biggest gainer in 'A' group. On the BSE, 57.41 lakh shares were traded on the counter so far as against the average daily volumes of 13.6 lakh shares in the past one month. Data Patterns (India) Ltd surged 6.45% to Rs 1690. The stock was the third biggest gainer in 'A' group. On the BSE, 2.03 lakh shares were traded on the counter so far as against the average daily volumes of 93332 shares in the past one month. Godfrey Phillips India Ltd advanced 5.00% to Rs 5715.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 14520 shares were traded on the counter so far as against the average daily volumes of 40956 shares in the past one month. Avenue Supermarts Ltd gained 4.40% to Rs 3833.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 37729 shares were traded on the counter so far as against the average daily volumes of 13697 shares in the past one month. Powered by Capital Market - Live

Minister of State for Communications Pemmasani Chandra Sekhar, in a written reply to the Lok Sabha on Wednesday (12 March 2025), provided a breakdown of the revenue earned. BSNL has secured Rs 2,387.82 crore from land and buildings and Rs 8,204.18 crore from telecom infrastructure like towers and fiber. Meanwhile, MTNL has raised Rs 2,134.61 crore from land and buildings and Rs 258.25 crore from telecom assets. The minister clarified that only non-essential assets that are not required in the foreseeable future are being monetized. The asset monetization drive aligns with the broader efforts to revive financially struggling state-run telecom firms, ensuring optimal utilization of resources while maintaining operational efficiency. Following the update, shares of MTNL surged 14.24% to Rs 49.51 today. MTNL is engaged in providing telecom services in the geographical area of Mumbai and Delhi. As on December 2024, the Government of India held 56.25% in the company. The company's consolidated net loss reduced to Rs 836.07 crore in Q3 FY25 from a net loss of Rs 839.03 crore in Q3 FY24. Revenue from operations declined 11.53% YoY to Rs 170.07 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Mahanagar Telephone Nigam announced that India Ratings and Research has maintained its rating of IND AAA (CE) and Rating Watch with Negative Implications on the company's non-convertible debentures (NCDs). Powered by Capital Market - Live

Revenue from operations declined 11.53% YoY to Rs 170.07 crore in the quarter ended 31 December 2024. Total expenses rose 0.07% YoY to Rs 1,175.72 crore in the December 2024 quarter. License fees and spectrum charges stood at Rs 15.85 crore (down 3.29% YoY), while employee benefit expense was at Rs 132.78 crore (down 13.64% YoY), and finance cost stood at Rs 727.70 crore (up 5.347% YoY) during the period under review. On the margins front, the company reported a negative operating margin of 163.28% in Q3 FY25 as compared with a negative 151.54% recorded in Q3 FY24. The PSU firm also reported a negative net profit margin of 491.60% in Q3 FY25 as against a negative 436.44% registered in a similar quarter of the previous fiscal. Mahanagar Telephone Nigam is engaged in providing telecom services in the geographical area of Mumbai and Delhi. As on December 2024, the Government of India held 56.25% in the company. Powered by Capital Market - Live

Net Loss of Mahanagar Telephone Nigam reported to Rs 836.07 crore in the quarter ended December 2024 as against net loss of Rs 839.03 crore during the previous quarter ended December 2023. Sales declined 11.53% to Rs 170.07 crore in the quarter ended December 2024 as against Rs 192.24 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales170.07192.24 -12 OPM %-75.31-65.38 - PBDT-686.20-672.73 -2 PBT-836.07-839.03 0 NP-836.07-839.03 0 Powered by Capital Market - Live

Trent Ltd, Morepen Laboratories Ltd, Solar Industries India Ltd and Hindustan Zinc Ltd are among the other losers in the BSE's 'A' group today, 06 February 2025.Mahanagar Telephone Nigam Ltd tumbled 8.85% to Rs 51.1 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 12.77 lakh shares were traded on the counter so far as against the average daily volumes of 8.67 lakh shares in the past one month.Trent Ltd crashed 6.74% to Rs 5363.6. The stock was the second biggest loser in 'A' group.On the BSE, 1.81 lakh shares were traded on the counter so far as against the average daily volumes of 37965 shares in the past one month.Morepen Laboratories Ltd lost 6.02% to Rs 62.61. The stock was the third biggest loser in 'A' group.On the BSE, 2.43 lakh shares were traded on the counter so far as against the average daily volumes of 3.62 lakh shares in the past one month.Solar Industries India Ltd plummeted 5.44% to Rs 9122.45. The stock was the fourth biggest loser in 'A' group.On the BSE, 13067 shares were traded on the counter so far as against the average daily volumes of 3227 shares in the past one month.Hindustan Zinc Ltd shed 5.06% to Rs 443.75. The stock was the fifth biggest loser in 'A' group.On the BSE, 84788 shares were traded on the counter so far as against the average daily volumes of 94336 shares in the past one month.Powered by Capital Market - Live

Motilal Oswal Financial Services Ltd, ERIS Lifesciences Ltd, Jubilant Pharmova Ltd and KFin Technologies Ltd are among the other gainers in the BSE's 'A' group today, 05 February 2025.Mahanagar Telephone Nigam Ltd spiked 17.34% to Rs 55.9 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 52.74 lakh shares were traded on the counter so far as against the average daily volumes of 5.67 lakh shares in the past one month. Motilal Oswal Financial Services Ltd surged 11.98% to Rs 719.55. The stock was the second biggest gainer in 'A' group. On the BSE, 5.51 lakh shares were traded on the counter so far as against the average daily volumes of 2.06 lakh shares in the past one month. ERIS Lifesciences Ltd soared 10.59% to Rs 1361.95. The stock was the third biggest gainer in 'A' group. On the BSE, 7104 shares were traded on the counter so far as against the average daily volumes of 3719 shares in the past one month. Jubilant Pharmova Ltd rose 8.98% to Rs 1040. The stock was the fourth biggest gainer in 'A' group. On the BSE, 10566 shares were traded on the counter so far as against the average daily volumes of 11675 shares in the past one month. KFin Technologies Ltd exploded 8.43% to Rs 1190.8. The stock was the fifth biggest gainer in 'A' group. On the BSE, 38991 shares were traded on the counter so far as against the average daily volumes of 68192 shares in the past one month. Powered by Capital Market - Live

Tata Teleservices (Maharashtra) led the rally, surging 14%, while Mahanagar Telephone Nigam jumped 12%. Vodafone Idea, heavily impacted by the AGR issue, saw its shares climb 9.32%. Indus Tower and Bharti Airtel also registered gains, with increases of 3.55% and 1%, respectively. The reported that the government is exploring a proposal to waive 50% of the interest accrued on AGR dues and 100% of penalties and interest on those penalties. This move aims to provide relief to the beleaguered telecom sector, particularly companies like Vodafone Idea, which have been grappling with a significant debt burden. ' The AGR issue stems from a 2019 Supreme Court ruling that upheld the government's definition of AGR, leading to the imposition of Rs 1.47 lakh crore in dues on telecom operators, including substantial interest and penalties. This financial burden has severely impacted the sector's viability. Reports indicate that the government is working towards announcing this relief measure in the upcoming Union Budget (2025-26). Vodafone Idea, facing the imminent start of AGR repayments in the current fiscal year, has been actively engaging with the government on this matter. Powered by Capital Market - Live

Mahanagar Telephone Nigam will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

The scheme, designed to reduce employee costs and streamline operations, will be offered to employees aged 45 years and above. The VRS will be based on the Gujarat Model, with a reduced ceiling for ex-gratia payments. The company aims to make the organization more efficient by reducing its workforce through this voluntary measure. Mahanagar Telephone Nigam is engaged in providing telecom services in the geographical area of Mumbai and Delhi. As on September 2024, Government of India held 56.25% in the company. MTNL's consolidated net loss increased to Rs 890.28 crore in Q2 FY25 from net loss of Rs 792.82 crore posted in Q2 FY24. Revenue from operations declined 11.93% YoY to Rs 174.23 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live