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Tata Communications reports 52% jump in Q4 net profit

22 May 2012 Evaluate

Tata Communications has registered a jump of 51.77% in net profit at Rs 38.20 crore for the fourth quarter ended March 31, 2012, compared with a profit of Rs 25.17 crore for the same quarter a year ago. The company’s total income surged 18.53% to Rs 1159.42 crore for the quarter under review as compared to Rs 978.18 crore for the corresponding quarter previous fiscal.

On consolidated basis, the company has posted a net loss of Rs 260.94 crore for the quarter ended March 31, 2012 as compared to a loss of Rs 156.51 crore for the same quarter in the previous year. However, total income has increased by 27.62% at Rs 4015.32 crore for quarter under review as compared to Rs 3146.27 crore for the quarter ended March 31, 2011.

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