Kavveri Telecom posts financial results for the quarter ended June 2015
August 18, 2015
Kavveri Telecom has reported a 50.51 per cent decline in its net losses from Rs 127.7 million for the quarter ended June 2014 to Rs 63.2 million for the quarter ended June 2015. The decline was on account of a 63.09 per cent decrease in total expenses from Rs 287.71 million to Rs 106.2 million during the same period.
Meanwhile, the total income from operations also declined by 55.63 per cent, from Rs 221.3 million in June 2014 to Rs 98.2 million in June 2015.
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