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Tata Communications reports 23% rise in Q4 consolidated net profit

22 Apr 2022 Evaluate

Tata Communications has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 70.30% in its net profit at Rs 356.50 crore for the quarter under review as compared to Rs 209.34 crore for the same quarter in the previous year. Total income of the company increased by 24.87% at Rs 2,024.01 crore for Q4FY22 as compared Rs 1,620.87 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 23.21% in its net profit at Rs 368.67 crore for the quarter under review as compared to Rs 299.23 crore for the same quarter in the previous year. Total income of the company increased by 9.58% at Rs 4,526.55 crore for Q4FY22 as compared Rs 4,130.95 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 21.26% in its net profit at Rs 1,167.32 crore as compared to Rs 962.66 crore for the previous year. Total income of the company increased by 9.94% at Rs 7,145.84 crore for year under review as compared to Rs 6,499.88 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 18.63% in its net profit at Rs 1,484.67 crore as compared to Rs 1,251.52 crore for the previous year. Total income of the company decreased by 1.16% at Rs 17,056.82 crore for year under review as compared to Rs 17,256.86 crore for year ended March 31, 2021.

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