Tata Communications has reported results for third quarter ended December 31, 2015.
The company has reported a net loss of Rs 69.64 crore for the quarter ended December 31, 2015 as compared net profit of Rs 120.20 crore for the same quarter in the previous year. The company’s total income has decreased by 15.32% to Rs 1004.94 crore for the quarter under review from Rs 1186.70 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 79.83% fall in its net profit after tax ,minority interest and Share of Profit of Associates at Rs 21.89 crore for the quarter ended December 31, 2015 as compared to Rs 108.53 crore for the same quarter in the previous year. However, total income of the company has increased by 1.83% at Rs 5110.24 crore for quarter under review as compared to Rs 5018.32 crore for the quarter ended December 31, 2014.
