Mumbai, INDIA , October 17, 2024
Tata Communications, announced its financial results for the second quarter of FY25.
Highlights | Q2 FY2025
- Data revenue jumped by 21% YoY, coming in at INR 4,834 crore
- Digital Portfolio revenue grew by 52.4% YoY, accounting for 46% of data revenue
- Consolidated EBITDA rose by 10% YoY
Commenting on the results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report a strong year-on-year growth in revenue and EBITDA. Our order book has expanded with some key strategic wins across markets. The adoption of our Digital Fabric (Network, Cloud and Security, Interaction and IoT) by enterprises continues to drive our optimism about future growth.”
Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said: “The fundamentals of the business continue to be strong. We are executing multiple strategic measures, including land monetisation, which will help us create capacity for future opportunities and reposition our assets to capture medium to long term profitable growth.”
Consolidated financial highlights
Q2 FY25
Particulars (INR Crore) | Quarter Ended – Q2 FY24 | Quarter Ended – Q2 FY25 | YoY Growth |
Gross Revenue | 4,872 | 5,767 | 18.4% |
Data Revenue | 3,995 | 4,834 | 21.0% |
EBITDA | 1,015 | 1,117 | 10.0% |
EBITDA Margin | 20.8% | 19.4% | (140 bps) |
PAT | 221 | 227 | 3.0% |
PAT Margin | 4.5% | 3.9% | (60 bps) |