Helping customers evolve in their digital transformation journeys, says CFO
Tata Communications’ international markets are witnessing good growth and the management’s continued efforts of shifting from products to platforms is yielding positive results, says MD and CEO A.S Lakshminarayanan.
“We are pleased to announce robust data revenue growth and healthy profits in the second quarter of this fiscal.”
“We are further strengthening our position as a trusted partner to our customers helping them evolve in their digital transformation journeys,” added Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications.
“Our performance in the second quarter demonstrates our broad-based growth, continued strong performance on profitability and free cash flow,” he said, announcing the latest financial results.
Consolidated financial highlights:
Consolidated revenue stood at Rs.4,431 crore, increasing by +6.2% YoY.
Consolidated EBITDA came in at Rs.1,130 crore, up by +1.5% YoY.
Consolidated PAT stood at Rs.532 crore, up from Rs.425 crore in Q2 FY22, marking an increase of +25.1% YoY. fiinews.com
