Tata Comm Q4 stand net profit at Rs 58.86 cr

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Tata Comm Q4 stand net profit at Rs 58.86 cr

Tata Communications has announced its fourth quarter results. The company's Q4 standalone net profit (after extraordinaries) stands at Rs 58.86 crore versus Rs 9.52 crore on QoQ basis and versus Rs 131.3 crore on YoY basis.

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Tata Communications has announced its fourth quarter results. The company's Q4 standalone net profit (after extraordinaries) stands at Rs 58.86 crore versus Rs 9.52 crore on QoQ basis and versus Rs 131.3 crore on YoY basis.

Its revenues were at Rs 850.24 crore versus Rs 1040.72 crore on QoQ basis and versus Rs 1084.22 crore on YoY basis.

The company's EBIDTA margin improved from 14.74% to 17.34% due to lower costs due to demerger of the retail business on QoQ basis.

The Wholesale voice segment made profits of Rs 66.55 crore versus loss of Rs 16.45 crore on QoQ basis.

The company's Wholesale Voice Segment grew at 14.87%, Enterprise & Carrier Data Segment grew at 22.78% and Other Segments grew at 17.98%.