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MoneyWorks4Me

Tata Communications: Q1FY24 Result Update
21-07-2023

Particulars

Q1FY24

YoY Trend

Comment

Revenue

4,771

10.7%

Data Revenue continued to grow double digit with underlying revenues growing 14.2% YoY.

EBITDA

1,024

-5%

 

EBITDA Margin

21.5%

-350 bps

Negatively impacted by Switch acquisition related costs

PAT

373

-30.25%

Higher interest cost led to further decline in PAT

Margin was a miss against targeted range of 23-25%, however 37.5% growth in digital portfolio was a big positive.

 

Disclosure: MoneyWorks4me's employees may have exposure in the securities mentioned in the above report. For detailed disclosure click here.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

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