Bad news of MTNL, loss of Rs 731 crore in second quarter

Bad news of MTNL, loss of Rs 731 crore in second quarter

Eye Catch : 21 New Delhi: Public sector telecom firm MTNL has reduced the deficit on the single-point basis in the July-September quarter of the current financial year to Rs 730.64 crore. Loss of pay and other benefits given to employees has reduced the company’s losses. Earlier, the company had a net loss of Rs 768.32 crore in the corresponding quarter of the financial year 2016-17. The prize and profit given to the employees stood at Rs 623.19 crore in the quarter, compared to Rs 699 crore in the same…

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