Q1 FY25 gross revenue up 18.1%
Tata Communications remains bullish about the market opportunities as it expands product capabilities, targeting medium-term revenue growth objectives.
“We remain bullish about the market opportunities, and with our expanded product capabilities and increasing customer relevance, we are confident in our ability to achieve our medium-term growth objectives,” said AS Lakshminarayanan, MD and CEO, tatacommunications .
“We are pleased to announce a strong and positive start to FY25, with our quarterly performance indicators showing promising results,” he said on 18 July while announcing its financial results for the first quarter of FY25 bengalurutechsummit .
Added Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, “Our financial prudence, anchored in our ‘Fit to Grow’ framework, has yielded profitable growth and delivered margin expansion this quarter nse .
“As our products continue to gain traction and scale, we anticipate operating leverage, positioning us to achieve our margin aspirations in the medium term bse .”
Gross revenue increased by 18.1% Rs.5,633 crore in Q1 FY25 from FY24. PAT was down 12.8% at Rs.382 crore on Q-Q basis, said Tata Communications. Fiinews.com
