Tata Communications net profit jumps 84% to Rs 544 cr in June quarter

Tata Communications on Wednesday posted an increase of 83.63 per cent in consolidated profit to Rs 543.76 crore in the June quarter.

The company had reported a profit of Rs 296.11 crore in the same period a year ago, it said in a regulatory filing.

“We delivered profitable data revenue growth as a result of disciplined execution, portfolio enhancements and deeper customer engagements. We continue to closely monitor and overcome the OEM and Supply Chain challenges.

“We are pleased with the healthy growth in the order booking and funnel additions across our portfolio, both in India and international markets,” Tata Communications Managing Director and CEO A S Lakshminarayanan said in a statement.