MTNL

MAHANAGAR TELEPHONE NIGAM LIMITED

(A GOVERNMENT OF INDIA ENTERPRISE)

CIN L32101DL1986GOI023501

MTNL/SECTT/SE/2022

August 12, 2022

TO,

The Listing Department,

Bombay Stock Exchange (BSE)

National Stock Exchange (NSE)

OTCIQ

Ref: BSE Scrip Code: 500108/ NSE Symbol: MTNL/ OTCIQ Symbol: MTENY

Sub: Compliance of Regulation 33 & 52 of the SEBI (LODR) Regulations, 2015:

Submission of Un-audited Reviewed Financial Results along with Limited Review Report for the Quarter ended 30th June, 2022.

Dear Sir,

Further to our letter of even no.dtd. July 25, 2022, we are forwarding herewith the Unaudited Reviewed Financial Results prepared as per Ind AS along with the Limited Review Report submitted by the Statutory Auditors of the Company for the Quarter ended 30th June, 2022 duly approved by the Board of Directors in its Meeting held in New Delhi today i.e. 12th

August, 2022.

Kindly acknowledge receipt of the same and take the same on record.

The results are also being published in newspapers as per the requirement of Regulation 47 of SEBI (LODR) Regulations, 20 l 5.

Jr/�/�?---

(S.R. SAYAL)

/

COMPANY SECRETARY

Encl: A/a

Mahanagar Doorsanchar Sadan 5th Floor, 9 CGO Complex, Lodhi Road, New Delhi - 110 003. Tel: 011-24319020, Fax: 011-24324243, Website: www.mtnl.net.in /www.bol.net.in

Annexure I

MAHANAGAR TELEPHONE NIGAM LIMITED

( A Govt. of India Enterprise)

Regd. Office : Mahanagar Doorsanchar Sadan, 5th

Website: www.mtnl.net.in, Phone

Floor, 9, CGO Complex, Lodhi Road, New Delhi-110003

Off: 011-24319020, Fax: 011-24324243

CIN No: L32101DL1986GOI023501

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30/06/2022

(Rs. in Crore)

STANDALONE

Year Ended

Three Month Ended

Corresponding

3 months

Preceeding 3

3 months ended Previous year

SI. No.

Particulars

ended

months ended

30/06/2021 in

ended

30/06/2022

31/03/2022

the previous

31/03/2022

year

  • -- - --

-

- -

I

Reven�from operations

II

Other Income

- Ill

Total Income (I +II)

IV

Expenses

-

Changes in Inventories

License Fees & Spectrum Charges

-

Employees' Remuneration and benefits

Finance cost

- - ---

-

Revenue Sharing

Depreciation and amortization expense

.

A�minisE:_ativeExpenses

-

Total Expenses (IV)

r---V

Profits/{Loss) before exceptional items and tax(III-IV)

---�---

- VI-

Jxceptional items

VII

Profit/ (Loss) before tax (V- VI)

VIII

Tax expense:

-- l[ Current tax

  • (�)_Qeferred tax

IX

Profit/ (Loss) for the period from continuing operations

,- - - (Yll.:YJl!)

X

Profit/ (Loss) from discontinued operations

XI Tax expense of discontinued operations

XII

Profit/ (Loss) from Discontinued Operations (after tax) (X-

--

XI}

XIII

_Pro!!!/ (Loss) for the period (IX + XII)

XIV

Other Comprehensive Income

- .A i)Items that will not be reclassified to profit and loss ii)Income tax relating to items that will not be reclassified t_Q pr_pfitor__!_oss

  • i)Items that will be reclassified to profit or loss

ii)Income tax relating to items that will be reclassified to 1profit or loss

xv

Other Comprehensive Income for the year

Total Comprehensive Income for the period (Xlll+XIV)

XVI

Paid up Equity Share Capital

XVII

Other Equity excluding revaluation reserves

XVIII

Earnings per equity Share (of Rs.10 each) for continuing

UNAUDITED AUDITED*

I

  1. 218.95
  1. 279.66
  1. 498.61
  1. 0.05
  1. 15.42

138.78 147.20

540.12 538.04

13.66 12.44

  1. 183.60 �
  1. 199.94

1,035.19 1,096.69

{649.84) {598.08)

.

.

{649.84)

(598.08)

.

.

.

.

{649.84)

(598.08)

.--

.

.

.

.

-

(649.84)

(598.08)

-

(8.23)

-

-

- -

-

·--

�

-

-

-

{8.23)

(649.84)

(606.31)

UNAUDITED AUDITED

  1. 1,069.72
  1. 627.18
  1. 1,696.90
  1. 0.21
  1. 102.05
  1. 555.02
  1. 2,139.45
  1. 87.39
  1. 759.01

157.88 656.36

1,086.86 4,299.49

{688.13) (2,602.59)

.

.

(688.13)

(2,602.59)

.

.

.

.

(688.13)

{2,602.59)

.

.

-

--

-

-

-

(688.13)

(2,602.59)

  • (13.98)
  • -
    ----- �---
  • .
  • {13.98) (688.13) (2,616.57)
    630.00
    (19,286.45)
  • operations:(_not annualised)

-

(1)Basic

--

(10.31)

-

(9.49)

XIX

(2_) D]uted

(10.31)

(9.49)

Earnings per equity Share of Rs.10 each(for discontinued

- - �ations):(not annualised)

-

(1) Basic

xx

j2) Diluted

-

-

Earnings per equity Share of Rs.10 each (for discontinued

(10.92) (41.31)

(10.92) (41.31)

--

  • ....._
  • continuing operations): (not annualised)
    --- J!)_ Basic
    (2)Diluted

,.,,.,ul

See;IICCOmpqnying notes to the financial r=.�

0

......_

!",

""'/1/' -'r""-f' �'l ,..,_-, ro

{·:� ··r.

r�

r.

,<::y

' New Delhi

� J.�18

*

-;,

I )_

(/) j

0

....

::5

�

<).,)..

,'1'c::

. I',,

('

{10.31)

(9.49)

.-�

-

(10.92)

(41.31)

(10.31)1

(9.49).

(10.92)

'0 -

,,

·

(41.31)

1�

���-

�..).-.�.;. --•v!f(§....Y"Oc.lL

'a

.•

�,

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Notes to Standalone Financial Results:

  • The financial results have been prepared in accordance with the Indian Accounting Standards (Ind- AS) as prescribed under Section 133 of the Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
  • The above results have been reviewed by the Audit Committee in their meeting held on 12.08.2022 and approved by the Board of Directors of the Company

at their meeting held on the same date.

3 Additional Disclosures as per Regulation 52 (4) of SEBI (LODR) Regulations 2015

Three Month Ended

Year Ended

S.No.

Particulars

30.06.2022

31.03.2022

30.06.2021

31.03.2022

Debt Service Coverage Ratio (in times)

UNAUDITED

AUDITED•

UNAUDITED

AUDITED

a

0.06

0.11

0.03

0.08

[ EBITDA / (Finance Cost+ Lease Liabilities Payments+ Principal Repayment of Long

ITo•- nohtl 1

b

Interest Service Coverage Ratio (in times)

0.13

0.23

0.05

0.14

r EBITDA / Finance Cost 1

.

.

.

C

OutstandinR Redeemable Preference shares (quantity and value! fin Rs Crsl

d

Caoital Redemption Reserve fin Rs Crsl

.

e

Debenture Redemption Reserve fin Rs Crsl #

45.27

f

Net Worth lln Rs Crsl fAs oer Section 21571 of Companies Act 2013)

(19,306.29)

(18,656.45)

(16,728.02)

(18,656.45

R

Net Profit After Tax (in Rs Crsl

(649.84)

(598.08)

(688.13)

(2,602.59

h

Earnines Per Share (in Rs) [Not Annualised!

(10.31)

(9.49)

(10.92)

(41.31

i

Current Ratio (in times)

0.43

Ir Current Assets /Current Liabiltiesl

Debt-Equity Ratio (in times)

(1.41)

j

((Long Term Borrowings including Current Maturities+ Short Term Borrowings)

0.42

(1.43)

0.52 0.42

(1.53) (1.43)

Long Term Debt to Working Capital(in times)

  • Long Term Debt excluding lease liabilit� + Current Maturities of LongTerm Debt Working Capital excluding current maturities of Long Term Borrowings
  • Bad Debts to Account Receivable Ratio(in times) lrsad Debts/Averaee Trade Receivables!
    Current Liability Ratio (in times)

m Ir Current Liabilties/ Total Liabilties 1 Total Debts to Total Assets (in times)

  • ( (Long Term Borrowings+ Short Term Borrowings+ Lease Liabilities)/ Total Assets)

o

Debtors Turnover Ratio - Annualised (in times)

I Revenue from Ooerations / Avera11e Trade Receivables I

•• l'aid uo Debt Caoital/OutstandinR Debt fin Rs. Crs)

q

Op,irating Margin(%)

r IEBIT - Other Income)/ Revenue from Onerations 1

r

Net profit Margin(%)

Ir Profit after Tax/ Revenue from Onerations 1

(3.69)

(4.12)

(5.22)

(4.12)

0.02

0.01

0.00

0.01

0.47

0.44

0.39

0.44

2.18

2.01

2.18

2.28

1.34

1.23

1.40

1.50

19,112.21

19,661.18

19,278.06

19,661.18

-109.93%

-155.14%

-101.12%

-101.93%

-275.56%

-273.15%

-242.46%

-243.30%

4

5

  • • The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial year.

  • MTNL is a listed company and issued debentures on private placement basis, there is no adequacy to maintain Debenture Redemption Reserve (DRR) under Rule 18 (7) (b) (iii) (Bl B of Companies (Share Capital and Debenture) Rules, 2014.

6

•• Paidup debt Capital/Outstanding Debt (excludes

which the liability to pay interest and principal is on

no Asset Cover is maintained.

Short Term Borrowing

Government of India).

  • Non Convertable Debentures(NCDs) issued to the tune of Rs. 4,533.97 Cr for Also, since the NCDs (backed by Sovereign Guarantee) are unsecured in nature,

7

8

As the principal activities of The figures for the previous

group company are in the nature of services, so Inventory Turnover ratio is not relevant. periods have been regrouped wherever necessary to conform to the current period presentation.

For and on behalf of the Board

--

���1-:7

Place : New Delhi

fP.K.Purwar)

Date : 12.08.2022

Chairman & Managing Director

DIN: 06619060

Segment Liabilities Basic & other Services Cellular Unallocable/Eliminations

Annexure II

MAHANAGAR TELEPHONE NIGAM LIMITED

Regd. Office : Mahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex, Lodhi Road, New Delhi-110003

Website: www.mtnl.net.in, Phone Off: 011-24319020, Fax: 011-24324243

CIN No: L32101DL1986GOl023501

STANDALONE UNAUDITED SEGMENT WISE REVENUE, RESULTS AND ASSETS & LIABILITIES FOR THE QUARTER

ENDED ON

30/06/2022

(Rs. in Crore)

SI.No.Particulars

1. Revenue from Operations Basic & other Services Cellular

Unallocable

Total

Less: Inter Segment Revenue

Net Revenue from Operations

2. Segment Result before interest income, exceptional items, finance cost and tax

Basic & other Services

Cellular

Unallocable

Total

Add: Exceptional items

Add: Interest Income

STANDALONE

Year Ended

Three Month Ended

Corresponding

3 months

Preceeding 3

3 months

Previous year

ended

months ended

ended

ended

30/06/2021 in

31/03/2022

30/06/2022

31/03/2022

the previous

year

UNAUDITED

AUDITED*

UNAUDITED

AUDITED

223.37

236.82

251.26

992.63

12.80

(17.51)

32-.90

78-.45

236.17

219.30

284.16

1,071.07

0.34

0.35

0.35

1.35

283.81

235.83

218.9S

1,069.72

9.74

(58.51)

(64.32)

(141.38)

{110.53)

(128.72)

(97.16)

{440.46)

(11.54)

53.09

(12.86)

35.31

(112.33)

{134.14)

{174.35)

{546.53)

-

-

-

-

2.61

74.10

2.28

83.39

3.

Less: Finance cost

Profit/ {Loss) before tax

Less: Provision for Current Tax & Deferred tax

Profit/ {Loss) after tax

Capital Employed

(Segment Assets - Segment Liabilities)

Segment Asset

540.12

538.04

516.06

2,139.45

(649.84

{598.08)

{688.13)

(2602.59)

-

-

(649.84

(598.08

1688.131

12,602.59}

Basic & other Services

Cellular

Unallocable/Eliminations

Total Segment Assets

Total Segment Liabilities

6,607.38

6,633.66

7,122.14

6,633.66

3,832.95

3,922.68

4,275.11

3,922.68

1,578.18

1,747.30

1,476.11

1,747.30

12,018.51

12,303.64

12,873.37

12,303.64

2,708.03

2,688.53

2,695.61

2,688.53

26,602.10

26,070.37

24,567.06

26,070.37

2,014.68

2,201.19

2,338.72

2,201.19

31,324.81

30,960.09

29,601.39

30,960.09

Segment Capital Employed

3,899.35

3,945.13

4,426.54

3,945.13

Basic & other Services

Cellular

(22,769.15)

(22,147.69)

(20,291.95)

(22,147.69)

Unallocable/Eliminations

(436.50)

(453.89)

(862.61)

(453.89)

Capital Employed

(19,306.30)

(18,656.45)

(16,728.02)

(18,656.46)

Note:

• The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published

year to date figures upto the third quarter of the respective financial year.

�WIG &

o

For and �of the Board

(!V,UMAR

'

•

.,._..,ii..,, ,,

w

Place : New Delhi

(P.R.PUfW3fj

fl

Chairman & Managing Director

� I

Date : 12.08.2022

/ ,.., □.

DIN: 06619060

� � >

i�.??

:;,�A ·

c�

c::-

�"'0O'Acco-'-''_,..,.

(,)�

Annexure I

MAHANAGAR TELEPHONE NIGAM LIMITED

( A Govt. of India Enterprise)

Regd. Office: Mahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex, Lodhi Road, New Delhi-110003

Website: www.mtnl.net.in, Phone Off: 011·24319020, Fax: 011·24324243

CIN No: L32101DL1986GOI023501

STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30/06/2022

(Rs. in Crore)

CONSOLIDATED

Three Month Ended

Vear Ended

Preceeding 3

Corresponding 3

Previous year

SI.No.

3 months ended

months ended

Particulars

months ended

ended

30/06/2022

30/06/2021 in the

31/03/2022

31/03/2022

previous year

-

I-

UNAUDITED

AUDITED•

UNAUDITED

AUDITED

_Revenue from operations

250.72

238.59

301.15

1,149.04

II

Other Incorne

149.83

281.29

115.52

628.88

Ill

Total Income (I +II)

400.55

519.88

416.67

1,777.92

IV

Expenses

1.10

6.26

·-

_

_s:!,a�es in �entories

1.10

2.49

_!:icense�1

24.11

18.86

34.04

114.24

�& �ectrum Charges

-

�mployees�muneration

and benefits

-

139.75

148.16

151.77

558.64

Finance cost

540.15

538.11

516.08

2,139.62

Rev�ue Sharing

16.92

15.80

35.49

101.30

183.29

186.84

201.95

772.02

-·-

Depreciation and amortization expense

- -

�dmin�rative Expenses

148.62

207.31

165.24

687.19

(IV)

1,053.93

1,117.57

1,105.67

4,379.28

_!_otalExpenses

--

-

V

_

�o!!ts/(Loss)

before exceptional items and tax(ll1-IV)

(653.38)

(597.69)

(689.00)

(2,601.36)

VI

Share of Profit/(loss) in investments accounted for using equity method

0.32

0.01

0.31

1.15

-

Exceptio��tems

-

-

-

-

VII

---

(653.07)

(597.68)

(688.69)

(2,600.21)

VIII

_!'r�t/ (Loss) before tax (V+ VI-VII)

-IX

-

_

Tax expe�s�

-

-

-

(1) Current tax

- -

2.44

2.44

r-

-

-

X

_Q) Deferred tax

0.48

0.48

for th!_Period from continuing operations (VIII - IX)

(653.07)

(2,603.12)

Profit/ (Loss)

(600.59)

(688.69)

-

-

-

-

XI

Pr�t/ (Loss)

from discontinued operations

XII

Taxexpense of discontinued operations

-

-

-

- -

-

-

-

-

XIII-

ProfitL.lLoss)

from Discontinued Operations (after tax) (XI-XII)

XIV

Profit/ (Loss)

for the period (X + XIII)

(653.07)

(600.59)

(688.69)

(2,603.12)

xv

_QtherComprehensive Income

-

A

-

_il!tem�_

-

(8.23)

-

(13.98)

-

.

.

- - -

ii) tncom,� tax relating to items that will not be reclassified to profit or loss

B

i) ttem�at wi!!_!le reclassified to profit or loss

-

0.04

(3.93)

(6.65)

----

ii)

.

-

.

-

Income� relating to items that will be reclassified to profit or loss

--

Income for the year

.

XVI

�ther Com.e_rehe�ive

(8.19)

(3.93)

(20.63)

�ta�mprehensive Income for the period (XIV+XV}

(653.07)

(608.78)

(692.63)

(2,623.76)

XVII

Paid up Equity Share Capital

630.00

-

-

XVIII

Other Equity excluding revaluation reserves

(19,298.26}

--

XIX

Earnings per equity Share (of Rs.10 each) for continuing operations:(not

-

annualised)

-

(1) Basic

(10.37)

(9.53)

(10.93)

(41.32}

-

- (2l_C:>ilu�d

(10.37)

(9.53)

(10.93)

(41.32)

  1. Earnings per equity Share of Rs.10 each(for discontinued operations):(not

�nu�lised)

-

-

-

-

-.Ql B_asic

-

J2) Diluted

-

-

-

-

XXI

Earnings per equity Share of Rs.10 each (for discontinued & continuing

E_ erations): (not annualised)

-

P

(1) Basic,

(10.37)

(9.53)

(10.93)

(41.32)

(2) OO�i�d

(10.37)

(9.53)

(10.93)

(41.32)

See accompanying notes to the financial results:

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MTNL - Mahanagar Telephone Nigam Limited published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 13:24:08 UTC.