By Debdeep Gupta | 18 Apr, 2024
Tata Communications stock gains on Q4 earnings, rises 56% in one year
Shares of Tata Communications edged higher on April 18, a day after the company reported a consolidated net profit of Rs 321.20 crore for the quarter ended March 31, 2024, up 7.2 times sequentially and almost in line with Street estimates. The company's total income grew 1.8 percent on-quarter to Rs 5,748.7 crore.The EBITDA margin, a key measure of profitability, stood at 18.6 percent for the Marc...