Tata Communications announces Its Financial Results

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

Tata Communications has announced its financial results for the quarter and half year ended September 30, 2012. Consolidated gross revenues showed an increase of 27% at Rs.42,710 million (USD774 million @avg. Fx of INR/USD55.21) in Q2 FY2013 from Rs.33,736 million (USD738 million @avg. Fx of INR/USD45.74) in the corresponding quarter last year. The core Business revenues were up by 30% at Rs.37,840 million (USD685 million) from Rs.29,079 million (USD636 million) in Q2 FY2012. 

Consolidated Gross Revenues stood at Rs.83,784 million (USD1,535 million @avg. Fx of INR/USD54.60) in H1 FY2013 from Rs.66,307 million (USD1,466 million @avg. Fx of INR/USD45.23) last year, showing an increase of 26%. The Core Business delivered revenue growth of 28% at Rs.74,305 million (USD1,361 million) from Rs.57,842 million (USD1,279 million) in the corresponding period last year.....See More