Tata Communications reports profit of Rs 77 cr

Tata Communications on Friday reported a profit of Rs 77 crore during the quarter ended June 30.

The company had posted a loss of Rs 57.95 crore in the year-ago quarter, it said in a statement.

Its revenue grew 12.4 per cent year-on-year on the back of robust performance across all segments, despite industry headwinds.

It also said capital expenditure for this quarter was USD 45 million, compared with USD 60 million a year ago.

Pratibha K Advani, the chief financial officer of Tata Communications, said that the overall share of profitable data services is increasing, and performance during the quarter reflects the continued momentum.