Tata Communications has reported results for first quarter ended June 30, 2016.
The company has reported a rise of 59.31% in its net profit at Rs 204.33 crore for the quarter ended June 30, 2016 as compared to Rs 128.26 crore for the same quarter in the previous year. The company’s total income increased 10.43% to Rs 1398.82 crore for the quarter under review from Rs 1266.65 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a marginal fall of 3.51% in its net profit after taxes, minority interest and share profit of associates at Rs 41.78 crore for the quarter ended June 30, 2016 as compared to Rs 43.30 crore for the same quarter in the previous year. Total income of the company decreased by 3.42% to Rs 5092.47 crore for quarter under review from Rs 5272.62 crore for the quarter ended June 30, 2015
