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Tata Communications reports 64% fall in Q2 consolidated net profit

09 Nov 2016 Evaluate

Tata Communications has reported results for second quarter ended September 30, 2016.  

The company has reported 41.56% rise in its net profit at Rs 267.65 crore for the quarter under review as compared to Rs 189.07 crore for the same quarter in the previous year. Total income of the company increased by 9.58% at Rs 1519.00 crore for the quarter under review as compared Rs 1386.15 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 64.41% fall in its net profit at Rs 39.96 crore for the quarter ended September 30, 2016 as compared to Rs 112.27 crore for the same quarter in the previous year. Total Income of the company has decreased by 1.08% to Rs 4581.92 crore for quarter under review from Rs 4632.15 crore for the quarter ended September 30, 2015.    

 

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