Archive · 22 Jan 2026
Tata Communications Q3 Profit Rises 55%
Tata Communications, a big company in the Tata Group, shared its money results for the last three months of 2023.
They made a lot more profit this time compared to the same time last year.
Their profit went up by 55%, and they also made more money from their work, which increased by about 7%.
This is good news because it shows the company is doing better than before.
They made ₹364.28 crore in profit, which is a big jump from ₹236 crore last year.
Their total money from selling services and things was ₹6,189 crore, up from ₹5,798 crore last year.
The company also announced that their new boss, Ganesh Lakshminarayanan, will start working soon.
The current boss, AS Lakshminarayanan, will retire in April 2026.
The company's profit also almost doubled compared to the previous three months, which is a big deal!
Tata Communications reported a 55% year-over-year increase in net profit for Q3, reaching ₹364.28 crore.
Revenue from operations rose by 6.74% to ₹6,189 crore compared to the same period last year.
Sequentially, net profit increased by 99% from the previous quarter's ₹183.21 crore.
The company's performance was driven by a strong order book, margin expansion, and one-off gains on refunds, offset by the impact of the new labour code provisions amounting to ₹60.98 crore.
Tata Communications announced Ganesh Lakshminarayanan as the new Managing Director and Chief Executive Officer-designate, who will take over from AS Lakshminarayanan retiring on April 13, 2026.
- Who
- Tata Communications, a Tata Group company
- What
- Reported a 55% year-over-year increase in net profit for Q3
- When
- January 21, 2026 (for the December quarter)
- Where
- India (Tata Communications is headquartered in Mumbai)
- Why
- Due to strong order flows, margin expansion, and one-off gains on refunds, offset by the impact of the new labour code provisions
- Company
- Tata Communications
- Net Profit (Q3)
- ₹364.28 crore
- YoY Net Profit Growth
- 55%
- Revenue (Q3)
- ₹6,189 crore
- YoY Revenue Growth
- 6.74%
- Previous Year Net Profit (Q3)
- ₹236 crore
- Previous Quarter Net Profit (Q2)
- ₹183.21 crore
- Previous Year Revenue (Q3)
- ₹5,798 crore
- New MD and CEO
- Ganesh Lakshminarayanan
- Current MD and CEO
- AS Lakshminarayanan
- EBITDA (Q3)
- ₹1,128 crore
- EBITDA Margin (Q3)
- 19.8%
- Impact of New Labour Code
- ₹60.98 crore
Sources
Tata Communications Q3 Results: Net profit jumps 55% YoY to ₹364 crore, revenue rises 7%
Who is Ganesh Lakshminarayanan? Tata Communications appoints industry veteran as new MD & CEO
Tata Communications Q3 net profit nearly doubles q-o-q on strong order flows
Tata Communications resets IoT business, prioritises profitability
Tata Communications shares in see saw trade post Q3 earnings, here's what brokerages say