Mahanagar Telephone Nigam's Q3 FY 2025-26 Quarterly Results
- 13 Feb 2026
Result Summary
- Mahanagar Telephone Nigam Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 31.9%.
- Its expenses for the quarter were down by 4.5% QoQ and 4.0% YoY.
- The net profit decreased 6.6% QoQ and increased 7.3% YoY.
- The earnings per share (EPS) of Mahanagar Telephone Nigam Ltd declined at 14.24 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 231.16 | 221.17 | 339.40 | 4.5% | -31.9% |
Total Expenses | 1129.01 | 1181.83 | 1175.72 | -4.5% | -4.0% |
Profit Before Tax | -897.85 | -960.66 | -836.32 | -6.5% | 7.4% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -896.94 | -960.21 | -836.07 | -6.6% | 7.3% |
Earnings Per Share | -14.24 | -15.24 | -13.27 | -6.6% | 7.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mahanagar Telephone Nigam Ltd (MTNL) is a telecommunications service provider primarily operating in the metropolitan regions of Mumbai and Delhi. The company offers a wide range of services, including fixed-line telephony, mobile services, internet, and broadband services. MTNL operates within the telecommunications industry, which is characterized by high competition and rapid technological advancements. Recent developments in the industry have focused on the rollout of new technologies and network expansions. However, specific recent major developments for MTNL are not available in the provided data.
Revenue
For the third quarter of the fiscal year 2026 (Q3FY26), MTNL reported a total income of ₹231.16 crores. This represents a quarter-over-quarter (QoQ) increase of 4.5% compared to the previous quarter (Q2FY26), where the total income was ₹221.17 crores. However, on a year-over-year (YoY) basis, there is a significant decline of 31.9% from the same quarter in the previous year (Q3FY25), when the total income was ₹339.40 crores. These figures indicate that while there has been a slight improvement in revenue sequentially, the company is experiencing a notable decrease in income compared to the previous year.
Profitability
In terms of profitability, MTNL's financial performance shows a negative profit before tax (PBT) of ₹-897.85 crores in Q3FY26. This is an improvement of 6.5% QoQ from a PBT of ₹-960.66 crores in Q2FY26. Similarly, the profit after tax (PAT) for Q3FY26 stands at ₹-896.94 crores, which is a 6.6% improvement from ₹-960.21 crores in Q2FY26. On a YoY basis, the PBT and PAT have increased by 7.4% and 7.3%, respectively, from Q3FY25, when the figures were ₹-836.32 crores and ₹-836.07 crores. Earnings per share (EPS) for Q3FY26 is ₹-14.24, reflecting the same percentage changes as PAT both QoQ and YoY.
Operating Metrics
The total expenses for MTNL in Q3FY26 amounted to ₹1129.01 crores, showing a QoQ decrease of 4.5% from ₹1181.83 crores in Q2FY26. YoY, there is a 4.0% decrease from the expenses recorded in Q3FY25, which were ₹1175.72 crores. Despite the reduction in expenses, the company's financials remain in the negative territory, as indicated by the negative profit metrics. The tax component remains unaffected, with no tax paid across the compared quarters. This could be attributed to the continued losses reported by the company. The operating environment for MTNL suggests a challenging scenario where the company is working to manage expenses amidst declining revenues.