Tata Communications net profit rises 3% in September quarter bse nse

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Tata Communications connected Thursday reported a 2.98 per cent year-on-year emergence successful consolidated nett net to Rs 227.23 crore successful the September quarter. Its consolidated nett profit, attributable to equity holders of the genitor firm, stood astatine Rs 220.66 crore successful the year-ago period.

However, the company's nett net declined 31.73 per cent against Rs 332.84 crore reported successful the archetypal 4th of the existent fiscal.

Revenues for the 2nd 4th of FY25 came successful astatine Rs 5,767.3 crore, 18.36 per cent higher year-on-year from Rs 4,872.5 crore successful Q2 FY24, according to a regulatory filing.

"Our bid publication has expanded with immoderate cardinal strategical wins crossed markets. The adoption of our Digital Fabric (Network, Cloud and Security, Interaction and IoT) by enterprises continues to thrust our optimism astir aboriginal growth," Tata Communications Managing Director and Chief Executive Officer A S Lakshminarayanan said.

On Thursday, shares of Tata Communications settled 4.51 per cent little astatine Rs 1,834.30 apiece connected the BSE.

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