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Tata Communications reports net loss of Rs 274.24 crore in Q2 consolidated net

07 Nov 2012 Evaluate

Tata Communications has reported results for second ended September 30, 2012.

The company has reported 61.26% fall in its net profit at Rs 23.97 crore for the quarter as compared to Rs 61.88 crore for the same quarter in the previous year. However, total income of the company has increased by 9.63% at Rs 1154.70 crore for quarter under review as compared to Rs 1053.22 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has reported a net loss of Rs 274.24 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 165.20 crore for the same quarter in the previous year. However, total income of the company has increased by 27.61% at Rs 4302.77 crore for quarter under review as compared to Rs 3371.74 crore for the quarter ended September 30, 2011.

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