Comments
Tata Communications on Friday announced posting a sharp jump in its consolidated net profit at ₹384.81 crore for the September quarter. The company had registered a profit of ₹54.31 crore in the corresponding period of the preceding fiscal.
Consolidated revenue grew 4.5 per cent to ₹4,477.18 crore during the reported quarter from ₹4,282.3 crore in the year-ago period, it said in a BSE filing.
Besides, the company concluded the sale of a land parcel along with building for a total consideration of ₹67.41 crore.
The shares of the telecom player today locked in an upper circuit of 5 per cent at ₹919.40 and trading at an all-time high.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.