{"id":138958,"date":"2023-01-23T11:35:45","date_gmt":"2023-01-23T16:35:45","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138958"},"modified":"2023-01-23T11:35:46","modified_gmt":"2023-01-23T16:35:46","slug":"tata-communications-limited-q3fy23-earnings-summary","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-communications-limited-q3fy23-earnings-summary\/","title":{"rendered":"Tata Communications Limited Q3FY23 Earnings Summary"},"content":{"rendered":"\n<p>International businesses and service providers receive managed solutions from <a href=\"https:\/\/44.250.171.167\/symbol\/tatacomm\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tata Communications Limited<\/a>. 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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cWe 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.\u201d<\/em><\/p><cite>A.S Lakshminarayanan, MD &amp; CEO<\/cite><\/blockquote>\n\n\n\n<p>Tata Communications reported a 27.8% increase in net profits at \u20b9 395.21 crores for Q3FY23. The company had a net profit of \u20b9 309.41 crores in Q3FY22.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter\"><a href=\"https:\/\/lh6.googleusercontent.com\/D62qwrfSziCmyrF-YnAY9YB70v5dQkFVoBrL7FCMzxGcAeu4m-A-iZW6NXS7cD6vKrr7ngFCYeuYHU7Rht2T0Fbx3WNrWZGYI0SgnrB5GTQbfRlqX8ViEvmxYrCxx-Q02srUXw1TW9mWog5g7UR0MCvAXxJtW46j75VgNzj9eNFqAaDXHf_yVeKIBxfDwg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/D62qwrfSziCmyrF-YnAY9YB70v5dQkFVoBrL7FCMzxGcAeu4m-A-iZW6NXS7cD6vKrr7ngFCYeuYHU7Rht2T0Fbx3WNrWZGYI0SgnrB5GTQbfRlqX8ViEvmxYrCxx-Q02srUXw1TW9mWog5g7UR0MCvAXxJtW46j75VgNzj9eNFqAaDXHf_yVeKIBxfDwg\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n\n<p>Tata Communications got a virtual network operator licence for all services during the reporting quarter, with a 10-year validity. The company&#8217;s net debt at Q3FY23 was \u20b9 7,189 crores, which was a decrease of \u20b9 572 crores from Q2FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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: \u201cWe are pleased to deliver another strong quarter with broad based growth in our [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":135790,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,6352,8],"tags":[8828,11378,9007],"class_list":["post-138958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-research-summary","category-technology-stocks","tag-communication-services","tag-data-services","tag-information-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":138954,"url":"https:\/\/alphastreet.com\/india\/tata-communications-limited-q3fy23-32-growth-in-profits\/","url_meta":{"origin":138958,"position":0},"title":"Tata Communications Limited Q3FY23; 32% Growth in Profits","author":"Karan_Singh","date":"January 23, 2023","format":false,"excerpt":"Tata Communications Limited's revenues in Q3FY23 rose 6.5% to \u20b9 4,528 crores. 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