Telecom Services company Tata Communications announced Q2FY25 results Data revenue jumped by 21% YoY, coming in at Rs 4,834 crore. Digital Portfolio revenue grew by 52.4% YoY, accounting for 46% of data revenue. Consolidated EBITDA rose by 10% YoY. A.S. Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report a strong YoY growth in revenue and EBITDA. Our order book has expanded with some key strategic wins across markets. The adoption of our Digital Fabric (Network, Cloud and Security, Interaction and IoT) by enterprises continues to drive our optimism about future growth.” Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said: “The fundamentals of the business continue to be strong. We are executing multiple strategic measures, including land monetisation, which will help us create capacity for future opportunities and reposition our assets to capture medium to long term profitable growth.” Result PDF
Conference Call with Tata Communications Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Telecom Services company Tata Communications announced Q1FY25 results: Data revenue jumped by 20% YoY, coming in at Rs 4,694 crore Digital Portfolio revenue grew by 51.5% YoY, accounting for 45.7% of data revenue Consolidated EBITDA rose by 9.8% YoY and margins expanded to 20% Commenting on the results, AS Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to announce a strong and positive start to FY25, with our quarterly performance indicators showing promising results. We remain bullish about the market opportunities, and with our expanded product capabilities and increasing customer relevance, we are confident in our ability to achieve our medium-term growth objectives.” Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said: "Our financial prudence, anchored in our 'Fit to Grow' framework, has yielded profitable growth and delivered margin expansion this quarter. As our products continue to gain traction and scale, we anticipate operating leverage, positioning us to achieve our margin aspirations in the medium term." Result PDF