Tata Communications Share Price Live blog for 23 Oct 2023
Tata Communications stock price went down today, 23 Oct 2023, by -3.68 %. The stock closed at 1775.55 per share. The stock is currently trading at 1710.2 per share. Investors should monitor Tata Communications stock price closely in the coming days and weeks to see how it reacts to the news.
Tata Communications: Why investors can book profits in this stock
Investorswho have piggy-backed the upside in Tata Communications stock can lock in on the gains and book profits TATA COMMUNICATIONS LTD. - 500483 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Earnings Call recording pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Q2FY24 Quarterly Result Announced for Tata Communications Ltd.
Telecom Services company Tata Communications announced Q2FY24 results: Consolidated revenue stood at Rs 4,872 crore (USD 589.5 million); increasing +10% YoY. Consolidated EBITDA came in at Rs 1,015 crore (USD 122.8 million); margins at 20.8%; Underlying EBITDA Margins at 21.7%. Consolidated PAT at Rs 221 crore (USD 26.6 million). Cash CAPEX for this quarter stood at USD 71 million Data business revenues came in at Rs 3,995 crore (USD 483.3 million), recording an increase of + 14.4% YoY; Underlying Data Revenue growth came in at + 10% YoY. Data EBITDA stood at Rs 913 crore (USD 110.4 million), down 9.3% YoY because of organic and inorganic investments. The Core Connectivity business reported + 6.9% YoY growth in revenue. Digital Portfolio delivered robust growth of + 30.2% YoY driven by growth across the Cloud and Next-Gen Connectivity segments and integration of The Switch. Commenting on the results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said, “We are pleased to announce a robust 14% YoY revenue growth this quarter. With the fast-tracked integration of The Switch, we are witnessing synergies being realised. Besides this, we are happy to announce the accelerated closure of the Kaleyra Inc. transaction which will enable us to create a new digital platform category - Customer Interaction Suite - in line with our ambitions. Overall, we remain confident of the long-term opportunities and will continue to invest in the product portfolio to strengthen our value proposition to enterprises.” Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications said, “Our planned investments in the organic and inorganic opportunities are in line with our ‘Fit to Grow’ Strategy. Our focus now is on relentless execution of these investments to accelerate the value creation process." Result PDF
Tata Communications shares fall 2% after Q2 net profit declines 58%
The company's net profit fell by 58% YoY to Rs221.3 crore, with expenses increasing by 16% to Rs4,600 crore, mainly due to network and transmission costs Tata Communications Share Price Live blog for 20 Oct 2023
Tata Communications stock price went down today, 20 Oct 2023, by -0.62 %. The stock closed at 1786.7 per share. The stock is currently trading at 1775.55 per share. Investors should monitor Tata Communications stock price closely in the coming days and weeks to see how it reacts to the news. TATA COMMUNICATIONS LTD. - 500483 - Board Meeting Outcome for Outcome Of Board Meeting Held On October 19, 2023
Outcome of Board Meeting held on October 19, 2023 TATA COMMUNICATIONS LTD. - 500483 - Outcome Of Board Meeting Scheduled On October 19, 2023
Outcome of Board Meeting scheduled on October 19, 2023 TATA COMMUNICATIONS LTD. - 500483 - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 - Update On Acquisition (Delisting Of Kaleyra Inc)
Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 - Update on acquisition (Delisting of Kaleyra Inc) TATA COMMUNICATIONS LTD. - 500483 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulations 39(3) of SEBI Listing Obligations and Requirements) Regulations 2015