Tata Communications has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 8.75% fall in its net profit at Rs 328.16 crore for the quarter under review as compared to Rs 359.62 crore for the same quarter in the previous year. However, total income of the company increased by 10.35% at Rs 2184.19 crore for Q1FY24 as compared Rs 1979.38 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 29.93% fall in its net profit at Rs 381.75 crore for the quarter ended June 30, 2023 as compared to Rs 544.82 crore for the same quarter in the previous year. However, total income of the company increased by 9.14% at Rs 4959.99 crore for Q1FY24 as compared Rs 4544.51 crore for the corresponding quarter previous year.
