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tata communications stock price: Tata Communications shares fall 3% after Q2 profit plunges 58% YoY

Tata Communications fall in net profit comes even as revenue from operations saw a 10% jump on-year to Rs 4872.5 crore in the September quarter as compared to Rs 4430.74 crore in the corresponding quarter of last year

tata communications q2 results: Tata Communications Q2 Results: Net profit plummets 57% YoY to Rs 221 26 crore

The fall in net profit of Tata Communications comes even as revenue from operations saw a 10% jump on year at Rs 4872.5 crore in the September quarter of this fiscal as compared to Rs 4430.74 crore in the second quarter of FY23. Revenue growth was driven by Tata Communications data business growth, which came in at Rs 3, 995 crore, up 14.1% from the previous year.

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