Tata Communications Q3 FY24 Earnings Call | December 2023 Quarterly Results

Listen to the Tata Communications Earnings Call of Q3 FY24 results. The audio recording of the Earnings Call held via webinar on Thursday, January 18, 2024 regarding the unaudited financial results of the company for the quarter and nine months ended December 31, 2023.

Listen to Tata Communications Q3 FY24 Earnings Call on YouTube:

This is the quarterly result for the period of September 2023 to December 2023 of the financial year 2023-24. This quarterly result is also known as 9 month result.

Tata Communications Q3 FY24 December 2023 Quarterly Results Highlights: 

  • In the first quarter, reported revenue saw a YoY increase of 10.7% and a QoQ increase of 4.4%.
  • EBITDA for the quarter amounted to INR 1,024 Crores, resulting in a margin of 21.5%.
  • While short-term margins may be impacted by investments, the long-term goal is to achieve EBITDA margins in the range of 23-25%.
  • Data business revenues demonstrated a YoY improvement of 17.1% and a sequential growth of 6.6%.