Date:25/04/2007 URL: http://www.thehindubusinessline.com/2007/04/25/stories/2007042503500400.htm

MTNL Q4 net up 47%; income falls 13%

Our Bureau

New Delhi April 24 MTNL today reported 47 per cent increase in net profit to Rs 206 crore for the fourth quarter ended March 31, 2007 over the corresponding previous period.

Total income, however, dipped by 13.07 per cent to Rs 1,386.07 crore from Rs 1,594.51 crore in the corresponding quarter last year, according to the company results announced today.

The company has attributed the fall in income mainly to decline in tariffs and average revenue per user.

For the year ended March 31, the company posted net profit of Rs 643.12 crore, compared to Rs 580.29 crore for the previous year.

Total income for the whole year ended March 31 decreased to Rs 5,530.69 crore from Rs 6,090.99 crore the previous year.