Wednesday, October 15, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Investments: Opportunities are in line with Tata Communications’ Fit to Grow Strategy

Fiinews by Fiinews
October 24, 2023
in Investment
Reading Time: 2 mins read
A A
0
Tata Communications
0
SHARES
12
VIEWS
LinkedinShare on Twitter

CFO focused on relentless execution of investments to create value

Planned investments by Tata Communications in the organic and inorganic opportunities are in line with the company’s ‘Fit to Grow’ Strategy, says Chief Financial Officer Kabir Ahmed Shakir.

“Our focus now is on relentless execution of these investments to accelerate the value creation process,” he said on 20 Oct 2023 at the announcement of Q2 FY24 results.

MD and CEO A.S. Lakshminarayanan announced the accelerated closure of the Kaleyra Inc transaction which will enable Tata Communications to create a new digital platform category – Customer Interaction Suite – in line with the management ambitions.

“With the fast-tracked integration of The Switch, we are witnessing synergies being realised,” he said.

“Overall, we remain confident of the long-term opportunities and will continue to invest in the product portfolio to strengthen our value proposition to enterprises,” said Lakshminarayanan as he reported 14% YoY revenue growth for the quarter.

The company’s consolidated revenue stood at Rs.4,872 crore (US$589.5 million), increasing +10% YoY.

Consolidated EBITDA came in at Rs.1,015 crore (US$122.8 million).

Consolidated PAT was Rs. 221 crores (US$26.6 million).

Cash CAPEX for the quarter stood at US$71 million. Fiinews.com

Tags: Tata Commuinications
ShareTweetShare

Related Posts

TVS Capital Fund
Investment

Invest: TVS Fund 4 gets CRISIL grading

by Fiinews
October 15, 2025
0
11

TCF defined by rigorous investment-risk management It is a significant milestone for TVS Capital Funds (TCF) as TVS Shriram Growth...

India mongolia
Investment

Invest: India funds Mongolian oil refinery

by Fiinews
October 15, 2025
0
11

India and Mongolia are close neighbours, says PM Modi India, a strong and reliable partner in Mongolia’s development, is extending...

PIB

Invest: Google invest $15bn in Data Centre

October 15, 2025
14
SBF

Invest: SBF to be ASEAN gateway for India

October 6, 2025
38
SIA Engineering

Invest: India-Singapore partnership reaffirmed

October 6, 2025
34
Alorica logo blue.intranet

Invest: Alorica created 1,500 jobs in Bangalore

October 5, 2025
19
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Fintech ecosystems continue expanding
  • Invest: TVS Fund 4 gets CRISIL grading
  • Market: Netcore Cloud to “Do The Impossible”
  • Export: India calls for Spice Standards
  • Invest: India funds Mongolian oil refinery

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.