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Tata Communications reports many fold jump in Q2 consolidated net profit

11 Nov 2019 Evaluate

Tata Communications has reported results for second quarter ended September 30, 2019.

The company has reported over 2-fold jump in its in its net profit at Rs 75.15 crore for the quarter under review as compared to Rs 32.66 crore for the same quarter in the previous year. Total income of the company increased by 15.45% at Rs 1513.29 crore for Q2FY20 as compared Rs 1310.73 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported many fold jump in its net profit at Rs 54.31 crore for the quarter under review as compared to Rs 2.15 crore for the same quarter in the previous year. Total income of the company increased by 5.04% at Rs 4282.30 crore for Q2FY20 as compared Rs 4076.86 crore for the corresponding quarter previous year.

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