Telecom Services company Tata Communications announced Q3FY24 results: Tata Communications posted quarterly revenue of Rs 5,633 crore (USD 677.1 million) — up 24.4% YoY — backed by strong performance in Data Revenue Data Revenue came in at Rs 4,618 crore (USD 555.1 million), a rise of 28.5% YoY Digital Portfolio Revenue grew by 78.2% YoY, contributing ~45% to the Data portfolio India Enterprise revenue grew strongly, increasing 10.4% YoY Consolidated EBITDA stood at Rs 1,134 crore (USD 136.3 million), improving by 5.3% YoY and 11.7% QoQ Commenting on the results, AS Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report another quarter of robust growth as data revenue crossed the Rs 4,000 crore mark with digital services contributing 45%, in line with our strategy. Even as we increase our impetus on people and platforms to deliver long-term value, our acquisitions of Oasis, The Switch, and Kaleyra have created new avenues for growth and innovation. We remain confident about our medium-term ambitions.” Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications said: “We are extremely encouraged that Kaleyra has turned EBITDA positive in the first quarter itself, in line with our ‘Fit to Grow’ strategy. We are excited about the medium term as we see multiple levers to maximise value from both our organic and inorganic investments. We continue strongly on the new growth trajectory with robust cash flow generation as the focus.” Result PDF