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Tata Communications Limited announced its consolidated financial results for the second quarter of FY24-25. The company has demonstrated strong performance with significant revenue growth and a solid profit outlook.
The above figures are consolidated.
Metric | Q2 FY24-25 | Q1 FY24-25 | Q2 FY23-24 |
Income from Operations(₹ Cr) | 5,767.35 | 5,633.37 | 4,872.50 |
Net Profit (₹ Cr) | 227.27 | 332.93 | 221.26 |
Other Income (₹ Cr) | 14.12 | 26.34 | 25.36 |
Tata Communications reported consolidated income from operations of ₹5,767.35 crore in Q2 FY24-25, marking an increase compared to ₹4,872.50 crore in Q2 FY23-24. Despite a slight dip in net profit from the previous quarter, the company remains well-positioned, driven by robust EBITDA growth and steady performance across its core business sectors.
Segment | Q2 FY24-25 (₹ Cr) |
Voice Solutions | 425.48 |
Data Services | 4,854.42 |
Payment Solutions | 31.95 |
Transformation Services | 286.38 |
Real Estate | 59.86 |
Campaign Registry | 158.44 |
These consolidated numbers reflect Tata Communications' focus on expanding its data and digital services portfolio, enhancing its global presence.
Tata Communications’ results met industry expectations, with data services and transformation solutions leading the way. While certain segments like payment solutions showed slower growth, the company's overall strategy remains aligned with market trends.
Commenting on the results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report a strong year-on-year growth in revenue and EBITDA. Our order book has expanded with some key strategic wins across markets. The adoption of our Digital Fabric (Network, Cloud and Security, Interaction and IoT) by enterprises continues to drive our optimism about future growth.”
Check out Tata Communications’ past performances in previous quarters and financial years.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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