Mumbai, January 23, 2023
Tata Communications today announces its financial results for the quarter ended 31st December 2022.
|Consolidated Nos.||INR Crore||QoQ Growth||YoY Growth||YTD YoY Growth|
|EBITDA margin||23.8%||(170) Bps||(210) Bps||(80) Bps|
Speaking on the quarter performance, A.S Lakshminarayanan, MD and CEO, Tata Communications, said, “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.”
Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, “This was another quarter of a growth momentum in our Data Portfolio, reflective of our investments in our people and innovative solutions, in line with our customer’s evolving digital needs. Our focus on financial prudence has allowed us to drive inorganic expansion of our global footprint.”
An investor fact sheet providing detailed analysis of the results for the quarter ended 31st December 2022 has been uploaded on the Tata Communications website and can be accessed here.
A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com