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.