Data services revenue grew by +3.8% YoY | Consolidated EBITDA at INR 1,046 Crore, increase of +37.5% YoY with margin expansion of 680 Bps
Consolidated Nos. | INR Crore | QoQ Growth | YoY Growth |
Gross Revenue | 4,223 | (4.1%) | (0.1%) |
EBITDA | 1,046 | (9.6%) | 37.5% |
EBITDA margin | 24.8% | (150 Bps) | 680 Bps |
PAT | 309 | (19.6%) | 428.2% |
Announcing the results, A.S Lakshminarayanan, MD and CEO, Tata Communications, said, “Our disciplined execution has helped us deliver good results in a seasonally weak quarter. Our Secure Connected Digital Experience (SCDx) offering continues to be relevant as we reimagine the New World for our customers. At the same time, our investments in products and services are positioning us well in our customers’ digital transformation journeys, an example being our investment in Oasis. I am happy to share that during the quarter, our efforts in Sustainability for Climate Change placed Tata Communications in the leadership band of the Carbon Disclosure Project (CDP) Report encouraging us to continue to make a difference to our Planet.”
Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, “We continue to deliver on our goal of profitable growth. Both profitability and cash flow generation has improved significantly in the last few quarters on the back of cost efficiencies and improved business processes. This agility has given us headroom to compete more effectively in the market and cater to our customer’s changing needs. Our focus continues to remain on generating a healthy order book coupled with strong execution to drive our growth.”
An investor fact sheet providing detailed analysis of the results for the quarter ended December 31st, 2020 has been uploaded on the Tata Communications website and can be accessed here.
Consolidated Nos. | INR Crore | QoQ Growth | YoY Growth |
Gross Revenue | 4,223 | (4.1%) | (0.1%) |
EBITDA | 1,046 | (9.6%) | 37.5% |
EBITDA margin | 24.8% | (150 Bps) | 680 Bps |
PAT | 309 | (19.6%) | 428.2% |
Announcing the results, A.S Lakshminarayanan, MD and CEO, Tata Communications, said, “Our disciplined execution has helped us deliver good results in a seasonally weak quarter. Our Secure Connected Digital Experience (SCDx) offering continues to be relevant as we reimagine the New World for our customers. At the same time, our investments in products and services are positioning us well in our customers’ digital transformation journeys, an example being our investment in Oasis. I am happy to share that during the quarter, our efforts in Sustainability for Climate Change placed Tata Communications in the leadership band of the Carbon Disclosure Project (CDP) Report encouraging us to continue to make a difference to our Planet.”
Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, “We continue to deliver on our goal of profitable growth. Both profitability and cash flow generation has improved significantly in the last few quarters on the back of cost efficiencies and improved business processes. This agility has given us headroom to compete more effectively in the market and cater to our customer’s changing needs. Our focus continues to remain on generating a healthy order book coupled with strong execution to drive our growth.”
An investor fact sheet providing detailed analysis of the results for the quarter ended December 31st, 2020 has been uploaded on the Tata Communications website and can be accessed here.
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