Tata Communications has reported results for third quarter ended December 31, 2019.
The company has reported a rise of 85.92% in its net profit at Rs 113.54 crore for the quarter under review as compared to Rs 61.07 crore for the same quarter in the previous year. Total income of the company increased by 1.41% at Rs 1449.56 crore for Q3FY20 as compared Rs 1429.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 66.05% in its net profit attributed to the equity holders of the parent at Rs 58.84 crore for the quarter under review as compared to Rs 173.29 crore for the same quarter in the previous year. Total income of the company decreased by 1.07% at Rs 4242.69 crore for Q3FY20 as compared Rs 4288.65 crore for the corresponding quarter previous year.
