
Tata Communications Limited reported its consolidated financial results for the third quarter ended December 31, 2024, showcasing a steady performance with improved profitability on a sequential basis.
Key Financial Highlights:
- Revenue from Operations:
Revenue stood at Rs 5,798.07 crore, up 1.24% QoQ from Rs 5,727.85 crore in Q2 FY25 and 3.77% YoY from Rs 5,587.78 crore in Q3 FY24. - Total Income:
Total income rose marginally to Rs 5,826.80 crore compared to Rs 5,737.81 crore in Q2 FY25. - Net Profit:
Net profit grew 4% QoQ to Rs 236 crore from Rs 227.27 crore in the previous quarter.
Attribution of Profit:
- Equity Holders of the Parent:
- For Q3 FY25: ₹235.96 crore.
- For Q2 FY25: ₹227.23 crore.
- Non-Controlling Interest:
- For Q3 FY25: ₹0.12 crore.
- For Q2 FY25: ₹0.04 crore.
- EBITDA:
Profit before exceptional items, tax, and share in profit of associates increased to Rs 385.65 crore, showing consistent operational efficiency.
Key Expenses:
- Network and Transmission Costs:
These stood at Rs 2,513.40 crore, an increase from Rs 2,459.98 crore in Q2 FY25. - Employee Benefits Expense:
Costs marginally declined to Rs 1,123.98 crore compared to Rs 1,174.79 crore in the previous quarter.
Exceptional Items:
The company reported an exceptional loss of Rs 14.93 crore in Q3 FY25, compared to a gain of Rs 42.90 crore in Q2 FY25.
Outlook:
Tata Communications’ focus on scaling its digital ecosystem and enhancing global connectivity solutions continues to yield results. The company remains poised for long-term growth as it leverages emerging opportunities in the technology and communication space.
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