Tata Communications Q1 results: PAT jumps nearly 13% YoY to Rs 333 crore, revenue jumps 18% YoY




Tata Communications reported consolidated PAT of Rs 332.8 crore, which is a YoY increase of 12.8% against a PAT of Rs 381.75 crore in Q1FY24, while the company’s revenue from operations stood at Rs 5,633.4 crore for the first quarter.

The revenue from operations for the first quarter ended for FY24 stood at Rs 4,771.36 crore.

The company has reported an increase of 6.5% QoQ in its EBITDA at Rs 1,124.2 crore while the EBITA margins went up by 140 bps on a quarterly basis to 20% from an 18.6% earlier.

Tata Communications has reported a digital portfolio YoY revenue growth of over 50% in the quarter ended June 2024, accounting for 45.7% of data revenue.

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