Tata Communications Q3 standalone net surges to Rs 67.60 cr

Mumbai: Tata Communications today reported nearly 130 per cent rise in standalone net profit at Rs 67.60 crore during the December quarter against Rs 29.48 crore in the corresponding period last fiscal, the company said in a release issued here.
The standalone income from operations grew marginally by 7 per cent to Rs 1,089.23 crore in the reporting quarter compared to Rs 1,019.23 crore in the same period last year.
"Our performance this quarter is a reflection of our focused drive to progressively improve operating results, while at the same time, maintain top-line growth.
"We have firmly established all the foundational pieces required to support a solid, global communications and media business and are now focused on sweating our global assets as we continue to innovate and keep what we have developed at the forefront of the market," Managing Director and Group CEO of the company Vinod Kumar said.