Tata Communications Q3 Profit Doubles, Revenue and Margins Improve

• Tata Communications Ltd. announced strong Q3 FY results with significant improvements across key financial metrics.
• Consolidated net profit nearly doubled quarter-on-quarter, rising from ₹183 crore to ₹365 crore.
• Consolidated revenue increased to ₹6,189 crore from ₹6,100 crore in the previous quarter.
• EBITDA margin improved from 19.2% to 19.8%, indicating better operational efficiency.
• Despite strong results, Tata Communications shares traded lower on January 21, closing down 2.94% at ₹1,661.90 on the NSE.

Why It Matters: Tata Communications reported robust Q3 results with doubled profit and improved revenue, yet its stock declined.