Sistema Shyam TeleServices ( SSTL ) - Important Update by Satyakam Mishra

SSTL Q1 net loss at Rs 666 cr, revenues treble

Sistema Shyam TeleServices (SSTL), which operates under the MTS brand, today said its net loss widened by 63% to Rs 666.4 crore for the first quarter ended March 31, 2011, even though its revenues grew three-fold.

The company had posted a net loss of Rs 408.1 crore in Q1FY10, the company said.


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