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Tata Communications reports 11% rise in Q2 consolidated net profit

21 Oct 2021 Evaluate

Tata Communications has reported results for second quarter ended September 30, 2021.

The company has reported 36.91% fall in its net profit at Rs 251.57 crore for the quarter under review as compared to net profit of Rs 398.73 crore for the same quarter in the previous year. Total income of the company decreased by 4.45% at Rs 1671.62 crore for Q2FY22 as compared Rs 1749.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 10.64% rise in its net profit attributable to owners at Rs 425.38 crore for the quarter under review as against net profit of Rs 384.48 crore for the same quarter in the previous year. However, total income of the company decreased by 5.96% at Rs 4210.44 crore for Q2FY22 as compared Rs 4477.18 crore for the corresponding quarter previous year.

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