Articles Posted on July 25th, 2009

  • Tata Communications revenues at Rs 843 crores, EBITDA up 10%

    Tata Communications revenues at Rs 843 crores, EBITDA up 10%

    Tata Communications Limited reported its stand-alone unaudited results under India GAAP for the quarter ended June 30, 2009. Standalone revenues were at Rs 843 crores for the quarter as against Rs 871 crores for the quarter ended June 30, 2008. The company’s operating profit (EBIDTA) was up 10% at Rs 218 crores for the quarter ended June 30, 2009 as against Rs 199 crores for the corresponding quarter in the previous financial year. Operating profit margin improved by about 300 bps to 26% aided by strong cost control measures. Net profits were at Rs 32 crores for the quarter ended June 30, 2009 as against Rs 98 crores for the corresponding quarter in the previous financial year.