Tata Communications announces Its Financial Results

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Tata Communications announces Its Financial Results 
Tata Communications has announced its financial results for the quarter and half year ended September 30, 2012. Consolidated gross revenues showed an increase of 27% at Rs.42,710 million (USD774 million @avg. Fx of INR/USD55.21) in Q2 FY2013 from Rs.33,736 million (USD738 million @avg. Fx of INR/USD45.74) in the corresponding quarter last year. The core Business revenues were up by 30% at Rs.37,840 million (USD685 million) from Rs.29,079 million (USD636 million) in Q2 FY2012. 
Consolidated Gross Revenues stood at Rs.83,784 million (USD1,535 million @avg. Fx of INR/USD54.60) in H1 FY2013 from Rs.66,307 million (USD1,466 million @avg. Fx of INR/USD45.23) last year, showing an increase of 26%. The Core Business delivered revenue growth of 28% at Rs.74,305 million (USD1,361 million) from Rs.57,842 million (USD1,279 million) in the corresponding period last year.....See More

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