Tata Communications announces its financial results for Q2 FY22
Tata Communications, a global digital ecosystem enabler, announces its financial results for the second quarter ended 30th September 2021.
Consolidated financial highlights:
- Consolidated revenue came in at INR 4,174 crore (USD 563 Mn); growth of +1.7% QoQ and 5.2% decrease YoY. Sequential growth is on account of gradual recovery across both Data and Voice segments.
- Consolidated EBITDA stood at INR 1,113 crore (USD 150 Mn); an increase of +12.9% QoQ and a decrease of 3.9% YoY with margins at 26.7%. Margin expanded by 260 BPs QoQ and 40 BPs on a YoY basis.
- Consolidated Profit After Tax (PAT) is at INR 425 crore (USD 57 Mn) as compared to a profit of INR 385 crore in Q2 FY21, registering a growth of + 10.6% YoY and 43.7% QoQ.
- CAPEX for this quarter was at INR 392 crore as compared to INR 318 crore in Q2 FY21.
Please find attached the detailed financial results Q2 FY22 for more information.
Tata Communications
Tata Communications / Harvard Engage! Communications