Tata Teleservices Q2 Results: Loss Narrows Sharply, But Shares Crash 11% After Earnings Announcement

  • Updated: 23 Oct 2026, 3:56 PM IST
  • 2 Min. Read
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Tata Teleservices Q2 Results: Loss Narrows Sharply, But Shares Crash 11% After Earnings Announcement
Tata Teleservices (Maharashtra) narrows Q2FY27 net loss to ₹59.20 crore as shares plunge 10.6% after a rally.
Summary

Tata Teleservices (Maharashtra) reported a narrower net loss for the September quarter of financial year 2026-27 (Q2FY27), with revenue increasing and earnings before interest, tax, depreciation and amortisation (EBITDA) improving year-on-year. However, shares plunged nearly 11% on 23 October after a sharp rally in the previous session, as profit-booking reversed the post-results gains.

Tata Teleservices (Maharashtra) reported a net loss of ₹59.20 crore for the September quarter, compared with ₹320.82 crore in the corresponding period last year. The improvement came alongside higher revenue and stronger operating earnings, although the company continued to report a loss.

Revenue from operations and earnings before interest, tax, depreciation and amortisation (EBITDA) both improved year-on-year. However, the stock's initial gains proved short-lived. Shares rallied after the results announcement on 22 October but reversed sharply in the following session as investors booked profits.

Tata Teleservices Share Price Crashes 11%

Tata Teleservices (Maharashtra) shares fell as much as 10.6% on the Bombay Stock Exchange (BSE) on 23 October, hitting an intraday low of ₹34.20. The stock opened at ₹40.56 against its previous close of ₹38.25.

Trading volumes climbed to nearly six times their usual level as investors booked profits following the previous session's 19% rally. The sharp reversal came despite the improvement in quarterly earnings.

Tata Teleservices Q2FY27 Results: Key Highlights

The results also showed that finance costs declined to ₹191.49 crore from ₹424.99 crore in the corresponding quarter. This helped narrow the loss, while operating expenses remained below the year-ago level.

Financial Risks And Stock Outlook

The balance sheet continues to reflect financial pressure. At the end of September, the company reported negative equity of ₹18,932.69 crore. Its current liabilities also exceeded its current assets, a position highlighted in the financial statement notes.

The company said its ultimate holding company had provided a support letter indicating that it would take the necessary financial measures to address any liquidity shortfall over the 12 months following the balance sheet date.

Also Read - Westlife Foodworld Q2 FY27 Results: Revenue Rises 16%, But Higher Expenses Push Company Into Quarterly Loss

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About the Author
Vishwa Ved
Vishwa Ved

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.

At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.

When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.

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