Revenue from operations stood at Rs 285.51 crore in Q1 FY24, up 7.14% from Rs 266.48 crore recorded in the same period a year ago.

Total expenses in the first quarter of FY24 amounted to Rs 160.75 crore (up 7.55% YoY).

EBITDA grew by 6.35% to Rs 127.20 crore in Q1 FY24 as against Rs 119.61 crore registered in Q1 FY23.

Interest service coverage ratio for the quarter ended 30 June 2023 was at 0.77 times as compared to 0.86 times in Q1 FY23. Operating profit margin improved to 30.92% in Q1 FY24 as against 28.96% reported in Q1 FY23.

Tata Teleservices (Maharashtra) is a leading player in the connectivity and communication solutions market serving enterprise customers. With services ranging from connectivity, collaboration, cloud, security, loT and marketing solutions, it offers a comprehensive portfolio of ICT services for businesses in India under the brand name TTBS.