Mumbai, India, November 01, 2018
Tata Communications today announces its financial results for the quarter ended September 30th, 2018.
Highlights | Q2 FY2019
|Consolidated Nos.||INR crore||QoQ growth||YoY growth||USD Mn||QoQ growth||YoY growth|
|EBITDA margin||15.5%||60 BPS||150 BPS||15.5%||60 BPS||150 BPS|
Commenting on the results, Vinod Kumar, MD and CEO, Tata Communications, said: “Our Growth Services portfolio turning EBITDA neutral this quarter demonstrates that our new services are gaining steady operating leverage. Equally, it is proof that our broadened portfolio is appealing to customers, as they need a dependable digital infrastructure to ensure success in their digital journeys. Our funnel and delivery pipeline for Growth Services is strong, which gives us further confidence for the quarters ahead.”
Commenting on the results, Pratibha K. Advani, CFO, Tata Communications, said: “Our investments in our digital capabilities have started to show results, and we witnessed a double-digit growth of 10.7% sequentially in our Growth Services portfolio on a constant currency basis. This is in line with our strategic intent and long-term vision. Our growth driver in the future will be Innovation Services, we continue to invest in that portfolio while maintaining a balance of profitability and healthy free cash flow generation.”
Business highlights | Q2 FY2019
An Investor fact sheet providing a detailed analysis of the results for the quarter ended September 30th 2018 has been uploaded on the Tata Communications website and can be accessed here.
 Traditional services include Virtual Private Network, International Private Line, Internet Leased Line, Ethernet, Internet Protocol –Transit, Inmarsat, Content Delivery Network, National Private Line, Mobility, Data Centre, Unified Collaboration, and Conferencing
2 Growth services include IZO™, Managed Hosting, Managed Security Services, Broadcast, Video Connect, SIP Trunking, Global Hosted Contact Center, Video Streaming, Mobile New Services, Healthcare, Media Management and Mobile Innovation.
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