Tata Comm Q2 results FY27: Tata Communications Limited on Wednesday has announced its financial results for the second quarter. The company’s consolidated profit after tax (PAT) stood at Rs 341 crore for the quarter ended September 30, marking a 154.5 per cent increase from Rs 134 crore in the first quarter of FY27.
Tata Comm Q2 results FY27
For the quarter ended September 30, the company recorded a consolidated Profit After Tax (PAT) of Rs 341 crore, marking a 154.5 per cent QoQ surge compared to the Rs 134 crore reported in Q1.
Also Read | Sahajanand Medical Technologies IPO Day 1: Latest GMP, subscription status – Check key details
Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) grew 15.7 per cent QoQ to Rs 1,423 crore. EBITDA margins expanded by 260 basis points (bps), coming in at 21.3 per cent against 18.7 per cent in Q1.
Tata Comm share price
Shares of Tata Communications surged 8.20 per cent to Rs 1,795, touching an intraday high of Rs 1,865 on Wednesday.
Read More | Jio Platforms IPO: Will shareholders receive dividends? What RHP reveals about past payouts
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)