Shares of Tata Communications Ltd. are trading with gains of 4% on Wednesday, October 15, in response to the September quarter results that the company reported. The stock fell from the highs of the day after the results announcement, but is looking to recover from those levels.
The company's net profit at the end of the quarter fell 3.7% on a quarter-on-quarter basis to ₹183 crore from ₹190 crore earlier.
Revenue for the quarter stood at ₹6,100 crore, which is a 2.3% growth from the ₹5,960 crore that it reported during the June quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter grew by 3.2% to ₹1,174 crore from ₹1,137 crore in June, while EBITDA margin remained flat at 19%.
Here's how the company's various business segments fared compared to