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MAHANAGAR TELEPHONE NIGAM
Quarterly Results Analysis [Mar2026]

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MAHANAGAR TELEPHONE NIGAM Quarterly Results

Consolidated Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹371 Cr ₹198 Cr ₹190 Cr ₹66 Cr ₹275 Cr ₹261 Cr ₹267 Cr ₹184 Cr
Expenses ₹310 Cr ₹238 Cr ₹298 Cr ₹251 Cr ₹292 Cr ₹298 Cr ₹294 Cr ₹295 Cr
Operating Income ₹60 Cr ₹-41 Cr ₹-108 Cr ₹-186 Cr ₹-16 Cr ₹-37 Cr ₹-27 Cr ₹-111 Cr
Other Income ₹511 Cr ₹34 Cr ₹31 Cr ₹141 Cr ₹55 Cr ₹78 Cr ₹60 Cr ₹199 Cr
Interest ₹738 Cr ₹749 Cr ₹742 Cr ₹754 Cr ₹716 Cr ₹728 Cr ₹769 Cr ₹705 Cr
Depreciation ₹139 Cr ₹142 Cr ₹142 Cr ₹145 Cr ₹151 Cr ₹150 Cr ₹155 Cr ₹157 Cr
Profit Before Tax ₹-306 Cr ₹-898 Cr ₹-961 Cr ₹-944 Cr ₹-829 Cr ₹-836 Cr ₹-891 Cr ₹-774 Cr
Profit After Tax ₹-307 Cr ₹-898 Cr ₹-961 Cr ₹-944 Cr ₹-828 Cr ₹-836 Cr ₹-891 Cr ₹-774 Cr
EPS ₹-4.87 ₹-14.24 ₹-15.24 ₹-14.97 ₹-13.14 ₹-13.27 ₹-14.13 ₹-12.28
Industry Peers & Returns1W1M1Y
MAHANAGAR TELEPHONE NIGAM -1.7% -7.9% -42.7%
BHARTI AIRTEL 0% 3.6% -5%
VODAFONE IDEA -2.3% -5.2% 88.3%
INDUS TOWERS -0% -1.5% 0.7%
BHARTI HEXACOM 1.2% 11.1% -8.1%
TATA COMMUNICATIONS -0.8% -3.7% 5.5%
RAILTEL CORPORATION OF INDIA -2% -6.4% -26.4%
TATA TELESERVICES (MAHARASHTRA) -1.6% -9.4% -37.2%
HATHWAY CABLE & DATACOM 0.3% -0.4% -29.2%

MAHANAGAR TELEPHONE NIGAM Quarterly Revenues

Revenues
Q-o-Q

87.58 %

Y-o-Y

34.53 %

Quarters Revenues % Change
Mar2026 ₹371 Cr
87.58
Dec2025 ₹198 Cr
4.09
Sep2025 ₹190 Cr
188.65
Jun2025 ₹66 Cr
-76.13
Mar2025 ₹275 Cr
5.43
Dec2024 ₹261 Cr
-2.03
Sep2024 ₹267 Cr
45.03
Jun2024 ₹184 Cr -

MAHANAGAR TELEPHONE NIGAM Quarterly Operating Profit

Operating Profit
Q-o-Q

Positive

Y-o-Y

Positive

Quarters Operating Profit % Change
Mar2026 ₹60 Cr
Positive
Dec2025 ₹-41 Cr
Negative
Sep2025 ₹-108 Cr
Negative
Jun2025 ₹-186 Cr
Negative
Mar2025 ₹-16 Cr
Negative
Dec2024 ₹-37 Cr
Negative
Sep2024 ₹-27 Cr
Negative
Jun2024 ₹-111 Cr -
Operating Margins
Q-o-Q

Positive

Y-o-Y

Positive

Quarters Operating Margin% % Change
Mar2026 16.22%
Positive
Dec2025 -20.59%
Negative
Sep2025 -57.15%
Negative
Jun2025 -282.2%
Negative
Mar2025 -5.98%
Negative
Dec2024 -14.13%
Negative
Sep2024 -10.08%
Negative
Jun2024 -60.34% -

MAHANAGAR TELEPHONE NIGAM Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

Negative

Y-o-Y

Negative

Quarters Profit After Tax % Change
Mar2026 ₹-307 Cr
Negative
Dec2025 ₹-898 Cr
Negative
Sep2025 ₹-961 Cr
Negative
Jun2025 ₹-944 Cr
Negative
Mar2025 ₹-828 Cr
Negative
Dec2024 ₹-836 Cr
Negative
Sep2024 ₹-891 Cr
Negative
Jun2024 ₹-774 Cr -
PAT Margins
Q-o-Q

Negative

Y-o-Y

Negative

Quarters PAT Margin(%) % Change
Mar2026 -82.72 %
Negative
Dec2025 -454.56 %
Negative
Sep2025 -506.25 %
Negative
Jun2025 -1435.44 %
Negative
Mar2025 -300.64 %
Negative
Dec2024 -320.13 %
Negative
Sep2024 -334.18 %
Negative
Jun2024 -421.06 % -

MAHANAGAR TELEPHONE NIGAM Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

Negative

Y-o-Y

Negative

Quarters EPS % Change
Mar2026 ₹-4.87
Negative
Dec2025 ₹-14.24
Negative
Sep2025 ₹-15.24
Negative
Jun2025 ₹-14.97
Negative
Mar2025 ₹-13.14
Negative
Dec2024 ₹-13.27
Negative
Sep2024 ₹-14.13
Negative
Jun2024 ₹-12.28 -

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