InvestorQ : Can you have your quick view on the quarterly results of Tata Communications?
Aditi Sharma made post

Can you have your quick view on the quarterly results of Tata Communications?

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Mahima Roy answered.
1 month ago
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For the Q2FY23 quarter ending September 2022, Tata Communications reported 6.2% sales growth at Rs4,431 crore. Strong revenue growth was seen in data services revenues. However, revenues from voice solutions were down 10% yoy. Better working capital efficiency helped net cash from operations for H1FY23 improve 50% yoy at Rs2,403 crore. Net profits were up 25.13% at Rs532.29 crore, helped by a 50 bps expansion in EBITDA margins to 25.5%. The voice vertical was the king of profit growth in Q2FY23. Net margins came in at 12.01% for Q2FY23 compared to 10.19% Q2FY22 and 12.61% in Q1FY23.
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