Neutral Tata Communications; target of Rs 1450: Motilal Oswal
Motilal Oswal is bullish recommended Neutral rating on Tata Communications with a target price of Rs 1450 in its research report dated July 20, 2023.22-07-2023
22-07-2023
Buy Tata Communications; target of Rs 1850: ICICI Securities
ICICI Securities is bullish on Tata Communications recommended buy rating on the stock with a target price of Rs 1850 in its research report dated July 20, 2023.21-07-2023
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, 2015.20-07-2023
Tata Communications falls 1% on weak Q1 numbers
EBITDA (earnings before interest, tax, depreciation, and amortization) for the June quarter declined by 5 percent to Rs 1,024 crore.20-07-2023
TATA COMMUNICATIONS LTD. - 500483 - Corrigendum - Outcome Of Board Meeting Scheduled On July 19, 2023.
Corrigendum - Outcome of Board Meeting scheduled on July 19, 2023.19-07-2023
Tata Communications Q1 Results: Cons PAT declines 29.8% to 381.7 crore; revenue rises 10.7%; key highlights here
Tata Communications Q1 Results19-07-2023
TATA COMMUNICATIONS LTD. - 500483 - Board Meeting Outcome for Outcome Of Board Meeting Scheduled On July 19, 2023
Outcome of Board Meeting scheduled on July 19, 202319-07-2023
Q1FY24 Quarterly Result Announced for Tata Communications Ltd.
Other Telecom Services company Tata Communications announced consolidated Q1FY24 results: Revenue stood at Rs 4,711 crore (USD 580.5 million); increasing +10.7% YoY EBITDA came in at Rs 1,024 crore (USD 124.6 million); where margins stood at 21.5%; Underlying EBITDA Margins stood at 22.1% PAT stood at Rs 382 crore (USD 46.4 million) from Rs 544 crore (USD 70.5 million) in Q1FY23; impacted by higher interest costs and lower forex gains vs Q1FY23 Cash CAPEX for Q1FY24 stood at Rs 431 crore (USD 52.4) million relative to Rs 329 crore (USD 42.7 million) in Q1FY23 Commenting on the results, A.S Lakshminarayanan, MD and CEO, Tata Communications, said, “We have had a pivotal first quarter in FY24 – delivering a very strong revenue growth in our data business and the digital portfolio, closing The Switch deal and announcing the Kaleyra acquisition. We are on track with the execution of our strategy; and the strengthening of our portfolio will increase the relevance quotient with our enterprise customers. On the recently announced ESG goals, Lakshmi added, “Sustainability is at the core of our business strategy and we are committed to be Net Zero by 2035 across our global operations.” Kabir Ahmed Shakir, CFO, Tata Communications, said, “We are on a robust growth trajectory in Q1FY24 with our Data Revenue. I am very pleased to see the Finance Strategy enabling the company’s performance and fueling the growth momentum. Financial discipline and rigour built over the last few years is now setting the stage to fund both organic investments and inorganics ambitions while retaining focus on a healthy balance sheet.” Result PDF19-07-2023
TATA COMMUNICATIONS LTD. - 500483 - Outcome Of Board Meeting Scheduled On July 19, 2023 - Financial Results For The Quarter Ended 30 June 2023
Financial Results for the quarter ended 30 June 202319-07-2023
TATA COMMUNICATIONS LTD. - 500483 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings, voting results and scrutinizer report of the 37th Annual General Meeting of Tata Communications Limited.18-07-2023