Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
Tata Comm Q4 net zooms 500% at Rs 302.37 crore
TT Correspondent |  Mumbai |  27 May 2009

Tata Communications posted a five-fold increase in its Q4 net profit to reach Rs 302.37 crore as compared to Rs 56.03 crore. Profit for full year for the fiscal 2008-09 was Rs 515.95 crore as compared to Rs 304.9 crore last year.

 

For Q4 revenues from telecom services scaled to Rs 886.93 crore from Rs 855.53 crore during the corresponding quarter last year. For the full year, revenues from services were recorded at Rs 3,749.43 crore as compared to Rs 3,312.39 crore last year.

 

On a consolidated basis net profit was Rs 315.80 crore (Rs 10.3 crore in 2007-08) and revenues were Rs 9,963.17 crore (Rs 8,297.41 crore in 2007-08).

 

Company’s Board of Directors recommended a dividend of Rs 4.50 per equity share of Rs 10 each. The stock exchanges however responded negatively to the results with the company’s shares down 6.64 % to Rs 545.70.  

    
 mail this article    print this article    Show and Post comment
27 May 2009(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more