MTNL loss widens to Rs 654.56 crore in September quarter

State-owned telecom firm MTNL on Friday reported widening of consolidated loss to Rs 654.56 crore in the September quarter, mainly due to decline in revenue from operations and increase in finance cost.

The company had posted a loss of Rs 582.25 crore in the year-ago period.

The revenue from operations fell about 7 per cent to Rs 425.04 crore in the second quarter of the current fiscal from Rs 458.28 crore in the same period a year ago.