Tata Communications Q2 profit hits ₹3.4 billion.

Tata Communications Limited

reported consolidated Q2 net profit of ₹3.4 billion, up from ₹1.83 billion year-on-year. The figure came above the estimate of ₹3.3 billion. Revenue rose to ₹67 billion from ₹60.99 billion. EBITDA stood at ₹14.21 billion against ₹11.73 billion. EBITDA margin improved to 21.26 percent from 19.4 percent. The results show stronger earnings for the data services firm. Key numbers are Q2 profit of ₹3.4 billion, revenue of ₹67 billion and EBITDA margin of 21.26 percent. These figures may support near-term price action for the stock. Peers such as Bharti Airtel, Vodafone Idea and Tejas Networks could see relative comparison on enterprise and data performance. Risks include slower data growth or higher costs. Competitors listed: Bharti Airtel, Vodafone Idea, Tejas Networks. We have no financial interest in this news.