TTML JUNE 30, 2010 RESULTS

TATA TELESERVICES ( MAHARASHTRA )  HAS  HAS POSTED GOOD  Q1 2010 NUMBERS.  ON SCRUTINY IT IS  THE  OTHER INCOME WHICH CONTRIBUTED TO A NET PROFIT.  OTHER INCOME ON  ACCOUNT OF SALE OF  LONG TERM INVESTMENTS  IN ITS SUBSIDIARY, 21ST CENTURY INFRA TELE.  EXCLUSING THIS  EXTRA ORDINARY ITEM,  THE COMPANY STILL POSTED A NET LOSS IN THE LATEST QUARTER ENDED  30TH JUNE 2010.