Categories Earnings, Research Summary, Technology

Tata Communications Limited Q3FY23 Earnings Summary

International businesses and service providers receive managed solutions from Tata Communications Limited. With their cutting-edge solutions, which include several communication, collaboration, cloud, mobility, connected solutions, network, and data centre services, they collaborate with 300 of the Fortune 500 organisations.

Financial Results:

“We are pleased to deliver another strong quarter with broad based growth in our Data business across India and international markets. Our expanding portfolio of digital fabric capabilities is enabling us to drive deeper customer engagements improving our funnel and order book.”

A.S Lakshminarayanan, MD & CEO

Tata Communications reported a 27.8% increase in net profits at ₹ 395.21 crores for Q3FY23. The company had a net profit of ₹ 309.41 crores in Q3FY22.

Tata Communications got a virtual network operator licence for all services during the reporting quarter, with a 10-year validity. The company’s net debt at Q3FY23 was ₹ 7,189 crores, which was a decrease of ₹ 572 crores from Q2FY23.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,