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10-Aug2018

Tata Communications reports consolidated net loss of Rs 58.49 crore in Q1

Tata Communications has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 13.52% in its net profit of Rs 70.77 crore for the quarter under review as compared to Rs 81.83 crore for the same quarter in the previous year. Total income of the company decreased by 6.34% at Rs 1272.41 crore for Q1FY19 as compared Rs 1358.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 58.49 crore for the quarter under review as against net profit of Rs 32.25 crore for the same quarter in the previous year. Total consolidated income of the company decreased by 9.59% at Rs 3936.72 crore for Q1FY19 as compared Rs 4354.39 crore for the corresponding quarter previous year.


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