MTNL Share Price Rises 2.43%; Reports Increase in Total Income for Q3 FY25

Mahanagar Telephone Nigam Limited (MTNL) announced their financial results for the quarter ended December 31, 2024.

On February 17, 2025, MTNL share price opened at ₹46.00, almost the same as its previous close of ₹46.84. At 10:31 AM, the share price of MTNL was trading at ₹47.98, up by 2.43% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s total income for Q3 FY25 was ₹339.40 crore, a slight increase from ₹326.51 crore in the previous quarter (Q2 FY25) and slightly higher than ₹335.10 crore reported in Q3 FY24. For the nine-month period ending December 31, 2024, total income stood at ₹1,048.26 crore, up from ₹1,019.56 crore in the same period of the previous year.

Despite the increase in income, MTNL reported a loss for the period. The company posted a loss of ₹836.07 crore for Q3 FY25, an improvement from the ₹890.28 crore loss in Q2 FY25 and ₹839.03 crore loss in Q3 FY24. For the nine months ending December 31, 2024, MTNL’s loss amounted to ₹2,499.81 crore, a slight increase from the ₹2,483.78 crore loss recorded in the same period of the previous year.

About Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited is a telecommunications service provider established as a public sector undertaking in 1986. The company was created to deliver world-class telecom services to customers in Delhi, including the NCR, and Mumbai, including the Thane district. MTNL’s mission was to offer high-quality telecom services at affordable rates. In recognition of its performance and contribution, MTNL was granted Navratna status in 1997.

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