Tata Communications Q3 results today; check how company fared in Q2 FY25, recent update, and share price trend

The company is a part of the conglomerate Tata Group.

For the second quarter of the current fiscal year, Tata Communications reported a 2.98% year-on-year rise in consolidated net profit to ₹227.23 crore in the September quarter.

Its consolidated net profit, attributable to equity holders of the parent firm, stood at ₹220.66 crore in the year-ago period.

However, the company's net profit declined 31.73% against ₹332.84 crore reported in the first quarter of the current fiscal.

Revenues for the second quarter of FY25 came in at ₹5,767.3 crore, 18.36% higher year-on-year from ₹4,872.5 crore in Q2 FY24, according to a regulatory filing.

"Our order book has expanded with some key strategic wins across markets. The adoption of our Digital Fabric (Network, Cloud and Security, Interaction and IoT) by enterprises continues to drive our optimism about future growth," Tata Communications Managing Director and Chief Executive Officer A S Lakshminarayanan said.

Earlier this month, Tata Communications strengthened its partnership with JLR to deliver smarter, data-driven connected cars. "The collaboration will empower JLR’s next-generation software-defined vehicles with continuous connectivity and access to intelligent services even in the remotest locations across 120 countries. The latest collaboration is an extension of their existing partnership to future-proof the carmaker’s digital transformation," the company said in its press release.

Commenting on the move, Marco Bijvelds, Vice President and Global Head of Tata Communications MOVE™ said: “The automotive industry is continually innovating to meet ever-changing customer demands. Last year, our digital fabric enabled seamless connectivity across all JLR’s production sites globally. As part of our extended partnership, we're now powering JLR’s software-defined vehicle journey worldwide and enabling them to deliver advanced driving features in their cars. The insights derived from the data exchanged through our platform will enable JLR to offer personalised customer experiences, opening doors for new revenue streams.”

Tata Communications share price trend

The stock of the company has remained dull in the past 12 and six months. In the past year, the stock price has slipped 0.18%, while in the past six months, the stock has fallen nearly 5%.