Tata Communications reports over 7-fold jump in Q2 consolidated net profit
19th Oct 2020

Tata Communications has reported results for second quarter ended September 30, 2020.

The company has reported over 5-fold jump in its net profit of Rs 398.73 crore for the quarter under review as against net profit of Rs 75.15 crore for the same quarter in the previous year. Total income of the company increased by 15.60% at Rs 1749.41 crore for Q2FY21 as compared Rs 1513.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 7-fold jump in its net profit attributable to equity holders of Rs 384.48 crore for the quarter under review as against net profit of Rs 53.91 crore for the same quarter in the previous year. Total income of the company increased by 4.55% at Rs 4477.18 crore for Q2FY21 as compared Rs 4282.30 crore for the corresponding quarter previous year.