Tata Communications has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported net loss at Rs 27.90 crore for the quarter ended December 31, 2023 as compared to net profit of Rs 208.95 crore for the same quarter in the previous year. Total income of the company increased by 7.86% at Rs 2069.75 crore for Q3FY24 as compared Rs 1918.86 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 88.60% fall in its net profit at Rs 45.05 crore for Q3FY24 as compared to Rs 395.15 crore for the same quarter in the previous year. However, total income of the company increased by 23.81% at Rs 5644.74 crore for Q3FY24 as compared Rs 4559.09 crore for corresponding quarter of the previous year.
