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Tata Communications turns black in consolidated Q3

13 Feb 2014 Evaluate

Tata Communications has reported results for third quarter ended December 31, 2013.

The company has reported 108% rise in its net profit at Rs 140.58 crore for the quarter as compared to Rs 67.60 crore for the same quarter in the previous year. Total income of the company increased by 11.19% at Rs 1282.84 crore for quarter under review as compared to Rs 1153.75 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a net profit after taxes and Minority Interest and Share of Profit of Associates of Rs 36.51 crore for the quarter as compared to net loss of Rs 201.01 crore for the same quarter in the previous year. Total income of the group has increased by 12.21% at Rs 5020.60 crore for quarter under review as compared to Rs 4474.30 crore for the quarter ended December 31, 2012.

Peers
Company Name CMP
Bharti Airtel 1876.50
Vodafone Idea 11.27
Indus Towers 379.90
Tata Communications 1646.90
Railtel Corp. India 227.70
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