Tata Communications Limited — Updates, 17-07-2025: Other Restructuring
17-07-2025 | 07:22 pm
17-07-2025 | 07:22 pm
Tata Communications' board approved the financial results for the quarter. Consolidated revenues reached ₹5,960 crore (+6.6% YoY) with data revenue at ₹5,130 crore (+9.4% YoY), while PAT stood at ₹232 crore (-34.9% YoY). The company also approved raising up to ₹1,000 crore via Non-Convertible Debentures. Additionally, it will acquire its subsidiary, Solutions Infini Technologies (India) Private Limited, for ₹123.6 crore. This strategic move aims to simplify the group structure and enhance control over its core enterprise messaging services.
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