After posting a healthy profit of Rs 557.8 crore in the June quarter today as against a Rs 23-crore loss in the year-ago quarter, Tata Teleservices Maharashtra (TTML) said it has lined up a capex of Rs 900 crore for the current fiscal to fuel its business.
"We will be pumping Rs 900 crore into our GSM and CDMA operations as also the third-generation (3G) services in the current fiscal in the Maharashtra and Goa circles," Tata Teleservices Maharashtra (TTML) Managing Director Anil Kumar Sardana told reporters here after announcing the Q1 numbers.
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