Data revenue grows 21% YoY, EBITDA Grows 10% YoY

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)

 

In The News This Quarter

Major Awards & Recognitions This Fiscal

Digital Fabric Analysts Recognitions

  • Positioned as a Leader in the ISG Network – Software Defined Solutions and Services 2024
  • Named Leader in the IDC MarketScape: Worldwide Media Consultation, Integration, and Business Operations Cloud Service Providers 2024 Vendor Assessment
  • Awarded the Future Digital Awards Gold Winner for Best CCaaS Solution by Juniper Research
  • Named a Leader in the Avasant Network Managed Services 2023-2024 RadarView™
  • Adjudged Platinum Winner at Future Digital Awards 2024 for Private Cellular Network Innovation in Smart Cities & IoT by Juniper Research for the second consecutive year
  • Positioned as a Leader in Private/Hybrid Cloud – Data Centre Services 2024 ISG Provider Lens- Managed Hosting, APAC
  • Presented with the Best UCaaS Provider Multi-National award by UC Today

Other recognitions

  • Honoured with the prestigious JRD Quality Value (JRDQV) Award
  • Won two Brandon Hall Group Awards for HCM Excellence 2024 in the Learning & Development category and one Brandon Hall Award for Excellence 2024 in the Diversity, Equity and Inclusion category
  • Recognised among the Top 100 ‘India’s Best Companies to Work For 2024’ by the Great Place to Work® Institute for the seventh time
  • Ranked 20th among BW’s Top 50 Most Sustainable Companies in India for 2024
  • Won the Times Now Sustainable Organisation 2024 Award by ET Edge for the third consecutive year

An investor data pack providing detailed analysis of the results for the quarter ended 30th September 2024 has been uploaded on the Tata Communications website and can be accessed here.


Media contact:
Mansi Somvanshi
Tata Communications
+91 98198 18462
mansi.tiwari@tatacommunications.com
Investor contact:
Rajiv Sharma
Tata Communications
+91 98201 36641
rajiv.sharma@tatacommunications.com

 

About Tata Communications

A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com


Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports.

The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

© 2024 Tata Communications. All rights reserved.
TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.
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