Tata Communications Targets Cloud Growth and Data Revenue Doubling by FY'28

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expects its cloud and security segments to grow in the mid to high teens for FY’26, with capital expenditure planned at 11-12% of sales. The company aims to double its data revenue by FY’28—one year later than initially targeted—and expects strategic investments to contribute at least 10% to incremental digital revenues. Key financial goals include reducing the net debt-to-EBITDA ratio below 2x, improving return on capital employed within a year, and expanding EBITDA margins thereafter.