Tata Communications delivers steady growth in Q3
(WorldNews India)

Sequential growth in profitability, PAT of INR 58.5 crore (USD 8.2 Mn) in Q3 | Data services revenue grew by +2.8% YoY despite Q3 being a seasonally weak quarter Mumbai- January 22, 2020 Tata Communications today announces its financial results for the quarter ended December 31st, 2019 Highlights|Q3 FY2020 Data services portfolio Strong growth in Data business; revenue grew by +2.8% YoY on the back of steady performance across all segments. Q3 of last year had a one-time benefit of INR 91 crore because of AFA; on a normalised basis, revenue grew by +5.7% YoY. Data EBITDA at INR 714 crore (USD 100 Mn); down -6.9% YoY. Q3 of last year had an exceptional one-time gain of INR 210 crore which led...