TTML Narrows Q2 Loss to ₹59 Cr; Stock Jumps 9%

Tata Teleservices (Maharashtra) Ltd (TTML) has sharply narrowed its Q2 FY27 net loss to ₹59.2 crore from ₹320.8 crore a year ago, with revenue rising 8.2% YoY to ₹309.65 crore. The stock surged 9% to ₹35.03 on the NSE following the results announcement. 📊 Key Financial Highlights (Q2 FY27) Metric Q2 FY27 YoY Change Notes Revenue from Operations ₹309.65 crore +8.2% Driven by enterprise connectivity and cloud services EBITDA ₹164.61 crore +17.7% Margin improved to 41.73% from 35.10% Net Loss ₹59.20 crore Narrowed from ₹320.82 crore Reflects cost optimization and better utilization Finance Costs ₹191.49 crore — Still a major drag on profitability Half-Year Revenue (H1 FY27) ₹611.22 crore +7.2% YoY Net loss for H1 reduced to ₹131.35 crore 📈 Stock Performance NSE Price (Oct 22, 2026): ₹35.03 (+9.26%) Volume: Over 9.16 crore shares traded 52-Week Range: ₹30.12 – ₹58.25 1-Year Return: –37%, still below 2025 highs Market Sentiment: Short-term bullish after results, long-term trend remains cautious 🧭 Management & Governance Updates Gaurav Gupta appointed Additional Director (Non-Executive, Non-Independent) effective Oct 23, 2026. Sweety Mamodia to join as Company Secretary & Compliance Officer from Nov 1, 2026. Sai Pratyush (VP – Strategy) and Vaibhav Ambradkar (GM – Customer Experience) elevated to senior management roles. Auditor: Price Waterhouse Chartered Accountants LLP issued a clean, unmodified opinion, confirming transparent reporting. 💡 Strategic Outlook Operational Efficiency: Cost control and improved margins signal turnaround potential. Parent Support: Tata Sons has extended a formal letter of financial backing ensuring liquidity for the next 12 months. Focus Areas: Enterprise broadband, IoT, and cloud services expected to drive next phase of growth. Challenges: High finance costs and limited retail presence remain key hurdles.