Loss-making state-owned telecom firm MTNL Ltd on Thursday (November 14) reported a net loss of ₹890.3 crore for the second quarter that ended September 30, 2023. The company recorded a net loss of ₹ 773.5 crore in the April-June quarter. In the second quarter, total revenue stood at ₹174.2 crore during the period under review, […]
MTNL’s financial troubles deepen: Punjab and Sind Bank classifies account as non-performing asset – CNBC TV18
Mahanagar Telephone Nigam Ltd (MTNL) is facing financial challenges as Punjab and Sind Bank (PSB) on Thursday (October 17) has classified its account as a non-performing asset (NPA), effective October 8, 2024. This classification comes as a part of a broader trend, with several banks already having labelled MTNL’s debt as non-performing, indicating severe liquidity […]