Tata Communications has reported results for third quarter ended December 31, 2020.
The company has reported 59.34% rise in its net profit of Rs 180.92 crore for the quarter under review as against net profit of Rs 113.54 crore for the same quarter in the previous year. Total income of the company increased by 9.26% at Rs 1583.75 crore for Q3FY21 as compared Rs 1449.56 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 5-fold jump in its net profit attributable to equity holders of Rs 309.15 crore for the quarter under review as against net profit of Rs 58.54 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.27% at Rs 4231.05 crore for Q3FY21 as compared Rs 4242.69 crore for the corresponding quarter previous year.
