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Tata Communications reports marginal fall in Q3 consolidated net profit

24 Jan 2023 Evaluate

Tata Communications has reported results for third quarter ended December 31, 2022.

The company has reported fall of 7.34% in its net profit at Rs 208.95 crore for Q3FY23 as compared to Rs 225.51 crore for the corresponding quarter previous year. However, total income of the company increased by 12.54% to Rs 1,918.86 crore for the quarter under review as compared to Rs 1,705.01 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 0.64% in its net profit at Rs 395.15 crore for Q3FY23 as compared to Rs 392.65 crore for the same quarter in the previous year. However, total income of the company increased by 8.45% to Rs 4,559.09 crore for the quarter under review as compared to Rs 4,203.69 crore for the same quarter in the previous year.

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