TATA COMMUNICATIONS LTD. has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.4231.05 crores during the period ended December 31, 2020 as compared to Rs.4477.18 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.309.15 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.384.48 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.10.85 for the period ended December 31, 2020 as compared to Rs.13.49 for the period ended September 30, 2020.
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| Total Income | ₹ 4231.05 crs | ₹ 4477.18 crs |  -5.5% | | Net Profit | ₹ 309.15 crs | ₹ 384.48 crs | -19.59% | | EPS | ₹ 10.85 | ₹ 13.49 | -19.57% |
Financial Results (Q3 FY20-21) - YoY Comparison
The company has reported total income of Rs.4231.05 crores during the period ended December 31, 2020 as compared to Rs.4242.69 crores during the period ended December 31, 2019.
The company has posted net profit / (loss) of Rs.309.15 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.58.54 crores for the period ended December 31, 2019.
The company has reported EPS of Rs.10.85 for the period ended December 31, 2020 as compared to Rs.2.05 for the period ended December 31, 2019.
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| Total Income | ₹ 4231.05 crs | ₹ 4242.69 crs | -0.27% | | Net Profit | ₹ 309.15 crs | ₹ 58.54 crs |  428.1% | | EPS | ₹ 10.85 | ₹ 2.05 | 429.27% |
Financial Results (9 Months ended FY 20-21) - YoY Comparison
The company has reported total income of Rs.13125.91 crores during the 9 months period ended December 31, 2020 as compared to Rs.12702.45 crores during the 9 months period ended December 31, 2019.
The company has posted net profit / (loss) of Rs.951.43 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.189.06 crores for the 9 months period ended December 31, 2019.
The company has reported EPS of Rs.33.38 for the 9 months period ended December 31, 2020 as compared to Rs.6.63 for the 9 months period ended December 31, 2019.
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| Total Income | ₹ 13125.91 crs | ₹ 12702.45 crs | 3.33% | | Net Profit | ₹ 951.43 crs | ₹ 189.06 crs | 403.24% | | EPS | ₹ 33.38 | ₹6.63 | 403.47% |
Announcing the results, A.S Lakshminarayanan, MD and CEO, Tata Communications, said, "Our disciplined execution has helped us deliver good results in a seasonally weak quarter. Our Secure Connected Digital Experience (SCDx) offering continues to be relevant as we reimagine the New World for our customers. At the same time, our investments in products and services are positioning us well in our customers' digital transformation journeys, an example being our investment in Oasis. I am happy to share that during the quarter, our efforts in Sustainability for Climate Change placed Tata Communications in the leadership band of the Carbon Disclosure Project (CDP) Report encouraging us to continue to make a difference to our Planet."
Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, "We continue to deliver on our goal of profitable growth. Both profitability and cash flow generation has improved significantly in the last few quarters on the back of cost efficiencies and improved business processes. This agility has given us headroom to compete more effectively in the market and cater to our customer's changing needs. Our focus continues to remain on generating a healthy order book coupled with strong execution to drive our growth."
Shares of TATA COMMUNICATIONS LTD. was last trading in BSE at Rs.1129.95 as compared to the previous close of Rs. 1117.85. The total number of shares traded during the day was 18443 in over 1227 trades.
The stock hit an intraday high of Rs. 1143.55 and intraday low of 1095.8. The net turnover during the day was Rs. 20638244. |
