Neutral Tata Communications; target of Rs 1910: Motilal Oswal
Motilal Oswal recommended Neutral rating on Tata Communications with a target price of Rs 1910 in its research report dated April 18, 2024.19-04-2024
19-04-2024
TATA COMMUNICATIONS LTD. - 500483 - Grant Of Stock Options Under 'Tata Communications Limited - Stock Unit Plan 2023'.
Grant of stock options under ''Tata Communications Limited - Stock Unit Plan 2023''18-04-2024
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, 2015.18-04-2024
Tata Communications stock gains on Q4 earnings report, rises 56% in one year
Tata Communications has re-appointed A.S. Lakshminarayanan as Managing Director and CEO of the company for the second term, subject to approval of the shareholders.18-04-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Tata Communications Ltd.
Telecom Services company Tata Communications announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Gross Revenue: Achieved Rs 5,692 crore, exhibiting a growth of 24.6% compared to Rs 4,569 crore in Q4FY23. Data Revenue: Recorded Rs 4,656 crore, marking a growth of 26.9% from Rs 3,670 crore in Q4FY23. EBITDA: Stood at Rs 1,056 crore, indicating a slight increase of 2.1% from Rs 1,034 crore in Q4FY23. EBITDA Margin: Reported at 18.6%, down from 22.6% in Q4FY23, reflecting a decrease of 408 basis points (bps). PAT: Recorded Rs 321 crore, showing a decrease of 1.5% from Rs 326 crore in Q4FY23. PAT Margin: Reported at 5.6%, down from 7.1% in Q4FY23, representing a decrease of 149 bps. FY24 Financial Highlights: Gross Revenue: Reached Rs 20,969 crore, reflecting a growth of 17.5% from Rs 17,838 crore in FY23. Data Revenue: Stood at Rs 17,181 crore, showing a growth of 21.9% from Rs 14,096 crore in FY23. EBITDA: Amounted to Rs 4,230 crore, slightly decreasing by 2.0% from Rs 4,318 crore in FY23. EBITDA Margin: Reported at 20.2%, down from 24.2% in FY23, indicating a decrease of 403 bps. PAT: Recorded Rs 968 crore, a significant decrease of 46.1% from Rs 1,796 crore in FY23. PAT Margin: Reported at 4.6%, down from 10.1% in FY23, reflecting a decrease of 545 bps. Commenting on the results, AS Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report the significant revenue milestone of Rs 20,000 crore. We closed FY24 with strong execution and our digital fabric is witnessing increased relevance from enterprise customers. As we enter the next fiscal, our firm focus will remain on integrating our acquisitions, executing our strategies, and driving sustainable and profitable revenue growth.” Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said: “FY24 was an eventful year as we witnessed our finance strategy in action, enabling us to successfully complete three strategic acquisitions on the back of a strong balance sheet. Our financial performance is in line with our expectations as we continue to capture newer business opportunities and accelerate our growth path. With the right operating levers in place, we are confident of our financial performance indicators returning to their ambition range in the medium term.” Result PDF17-04-2024
TATA COMMUNICATIONS LTD. - 500483 - Outcome Of Board Meeting Held On April 17, 2024
Outcome of Board Meeting held on April 17, 202417-04-2024
TATA COMMUNICATIONS LTD. - 500483 - Board Meeting Outcome for Outcome Of Board Meeting Scheduled On April 17, 2024.
Outcome of Board Meeting scheduled on April 17, 2024.17-04-2024
TATA COMMUNICATIONS LTD. - 500483 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.12-04-2024
TATA COMMUNICATIONS LTD. - 500483 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor Meetings pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.08-04-2024