Mumbai, July 20, 2022
Tata Communications, a global digital ecosystem enabler, today announces its financial results for the quarter ended 30th June 2022.
Consolidated Nos. | INR Crore | QoQ Growth | YoY Growth |
Gross Revenue | 4,311 | 1.1% | 5.1% |
EBITDA | 1,077 | 3% | 9.2% |
EBITDA margin | 25% | 46 Bps | 95 Bps |
PAT | 544 | 49% | 83.6% |
Announcing the quarter results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said, “We delivered a profitable data revenue growth as a result of disciplined execution, portfolio enhancements and deeper customer engagements. We continue to closely monitor and overcome the OEM and Supply Chain challenges. We are pleased with the healthy growth in the order booking and funnel additions across our portfolio, both in India and international markets.”
Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, “We continue to maintain our focus on operational efficiencies and balance sheet hygiene which is reflected in our profitability and cash flow. We are pleased to see a strong impact of our finance strategy in the company’s performance.”
An investor fact sheet providing detailed analysis of the results for the quarter and full year ended 30th June 2022 has been uploaded on the Tata Communications website and can be accessed here.
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Media Contact: Arati Mukerji Tata Communications +91 9958895759 arati.mukerji@tatacommunications.com | Investor contact: Chirag Jain Tata Communications +91 9597370559 chirag.jain@tatacommunications.com |