Tata Communications Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 57,980.7 million compared to INR 55,877.8 million a year ago. Revenue was INR 58,268 million compared to INR 55,947.8 million a year ago. Net income was INR 2,359.6 million compared to INR 448.1 million a year ago. Basic earnings per share from continuing operations was INR 9 compared to INR 2.74 a year ago. Diluted earnings per share from continuing operations was INR 9 compared to INR 2.74 a year ago. Basic earnings per share was INR 8.28 compared to INR 1.57 a year ago. Diluted earnings per share was INR 8.28 compared to INR 1.57 a year ago.
For the nine months, sales was INR 171,182.4 million compared to INR 151,396.1 million a year ago. Revenue was INR 171,797.4 million compared to INR 153,509.1 million a year ago. Net income was INR 7,960.2 million compared to INR 6,471.6 million a year ago. Basic earnings per share from continuing operations was INR 30.33 compared to INR 26.99 a year ago. Diluted earnings per share from continuing operations was INR 30.31 compared to INR 26.98 a year ago. Basic earnings per share was INR 27.94 compared to INR 22.71 a year ago. Diluted earnings per share was INR 27.92 compared to INR 22.7 a year ago.
Tata Communications Limited is an India-based company, which is a global digital ecosystem enabler. It offers digital transformation of enterprises globally. The Company’s segments include Voice Solutions, Data Services, Payment Solutions, Transformation Services, Real Estate and Campaign Registry. The Voice Solutions segment includes international and national long distance voice services. The Data Services segment includes core and Nextgen connectivity services, digital platforms and connected services. The Payment Solutions segment includes end-to-end automated teller machine (ATM) deployment, end-to-end point of sale (POS) enablement, hosted core banking, end to end financial inclusion and card issuance and related managed services and switching services to the banking sector. The Transformation Services segment includes the business of providing telecommunication network management and support services. The Real Estate segment includes lease rentals for premises given on lease.
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