Friday, 24 March, 2023

Tata Communications June quarter profit increase 15% to Rs 296 cr

<p>Tata Communications&#39; consolidated profit increased by 15% to Rs 296.11 cr in the quarter ended June 2021. In the same quarter a year ago, the company made a profit of Rs 257.8 cr. Revenue from the data business fell by 2.2 % YoY. The lowering of collaborative traffic, which was at its pinnacle in the same quarter a year ago, had an impact on Tata Comm&#39;s digital platforms and services business. On a YoY basis, revenue in the division declined by 12.8 %.</p>