Tata Communications Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 25, 2012 at 03:21 pm
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Tata Communications Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported revenues from telecommunication and other services were INR 10,192.3 million against INR 9,248.2 million in the same period of last year. Profit from operations before other income, interest and exceptional items were INR 432.2 million against INR 337.1 million in the same period of last year. Profit from ordinary activities before tax was INR 428.0 million against INR 519.4 million in the same period of last year. Net profit from ordinary activities after tax was INR 294.8 million against INR 486.2 million in the same period of last year. Net profit from ordinary activities after tax and extraordinary items was INR 294.8 million against INR 486.2 million in the same period of last year. Earnings per share were INR 1.03 against INR 1.71 in the same period of last year.
For the nine months ended December 31, 2011, the company reported revenues from telecommunication and other services were INR 29,911.3 million against INR 26,945.5 million in the same period of last year. Profit from operations before other income, interest and exceptional items were INR 2,380.6 million against INR 1,435.1 million in the same period of last year. Profit from ordinary activities before tax was INR 2,036.1 million against INR 1,133.2 million in the same period of last year. Net profit from ordinary activities after tax was INR 1,331.4 million against INR 1,373.9 million in the same period of last year. Net profit from ordinary activities after tax and extraordinary items was INR 1,331.4 million against INR 1,373.9 million in the same period of last year. Earnings per share were INR 4.67 against INR 4.82 in the same period of last year.
For the quarter, the group reported revenues from telecommunication and other services were INR 36,041.0 million against INR 30,180.0 million in the same period of last year. Profit from operations before other income, interest and exceptional items were INR 290.3 million against loss from operations before other income, interest and exceptional items of INR 751.5 million in the same period of last year. Loss from ordinary activities before tax was INR 1,109.2 million against INR 1,555.3 million in the same period of last year. Net loss from ordinary activities after tax was INR 1,264.3 million against INR 1,598.1 million in the same period of last year. Net loss from ordinary activities after tax and extraordinary items was INR 1,264.3 million against INR 1,598.1 million in the same period of last year. Net loss was INR 1,530.6 million against INR 1,813.8 million in the same period of last year. Loss per basic and diluted share before and after extraordinary items was INR 5.37 against INR 6.36 in the same period of last year.
For the nine months ended December 31, 2011, the group reported revenues from telecommunication and other services were INR 102,347.7 million against INR 88,631.6 million in the same period of last year. Loss from operations before other income, interest and exceptional items were INR 210.5 million against INR 2,864.8 million in the same period of last year. Loss from ordinary activities before tax was INR 5,787.5 million against INR 5,730.4 million in the same period of last year. Net loss from ordinary activities after tax was INR 6,433.9 million against INR 5,605.6 million in the same period of last year. Net loss from ordinary activities after tax and extraordinary items was INR 6,433.9 million against INR 5,605.6 million in the same period of last year. Net loss was INR 5,337.1 million against INR 6,203.9 million in the same period of last year. Loss per basic and diluted share before and after extraordinary items was INR 18.73 against INR 21.77 in the same period of last year.
Tata Communications Limited is an India-based company, which is a global digital ecosystem enabler. It offers digital transformation of enterprises globally. The Companyâs segments include Voice Solutions, Data Services, Payment Solutions, Transformation Services, Real Estate and Campaign Registry. The Voice Solutions segment includes international and national long distance voice services. The Data Services segment includes core and Nextgen connectivity services, digital platforms and connected services. The Payment Solutions segment includes end-to-end automated teller machine (ATM) deployment, end-to-end point of sale (POS) enablement, hosted core banking, end to end financial inclusion and card issuance and related managed services and switching services to the banking sector. The Transformation Services segment includes the business of providing telecommunication network management and support services. The Real Estate segment includes lease rentals for premises given on lease.
Tata Communications Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011