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Tata Communications reports over 2-fold rise in Q3 net profit

11 Feb 2013 Evaluate

Tata Communications has reported results for third quarter ended December 31, 2012.

The company has posted 129.31% rise in its net profit at Rs 67.60 crore for the quarter as compared to Rs 29.48 crore for the same quarter in the previous year. Total income from operation of the company has increased by 8.07% at Rs 1153.75 crore for quarter under review as compared to Rs 1067.61 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported net loss of Rs 201.01 crore for the quarter as compared to a net loss of Rs 153.06 crore for the same quarter in the previous year. Total income from operation of the company has increased by 22.37% at Rs 4474.30 crore for quarter under review as compared to Rs 3656.30 crore for the quarter ended December 31, 2011.

Peers
Company Name CMP
Bharti Airtel 1894.05
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