Tata Communications Q2 results: Net profit jumps 86% YoY to Rs 341 crore; revenue rises 10%
ANIRevenue from operations rose 9.6% YoY to Rs 6,688 crore in the September quarter, against Rs 6,100 crore reported in Q2FY26.
The company’s operating performance improved during the quarter, with earnings before interest, taxes, depreciation and amortisation (EBITDA) increasing 21.1% YoY to Rs 1,422 crore, compared with Rs 1,174 crore in the year-ago period.
EBITDA margin expanded by 202 basis points to 21.26% in Q2FY27, from 19.24% in the corresponding quarter last year.
Tata Communications announces Kaleyra shareholding transfer
Tata Communications’ board has approved the transfer of the company’s entire shareholding in Kaleyra, Inc., to Tata Communications (Netherlands) B.V. (TCNL), a wholly owned subsidiary.
As consideration for the transfer, the company will subscribe to and acquire ordinary shares of TCNL at fair market value, as determined through an independent valuation report.
The proposed transaction aims to simplify the group’s corporate structure by consolidating ownership of Kaleyra under TCNL. The company said the move would not change its ultimate ownership or beneficial economic interest in Kaleyra and its subsidiaries.
Tata Communications appoints Ridhi Sood as company secretary
The board has appointed Ridhi Sood as company secretary, key managerial personnel and compliance officer, effective November 1, 2026, based on the recommendation of the Nomination and Remuneration Committee.
Under Regulation 30(5) of the SEBI Listing Regulations, the company secretary has been authorised to determine the materiality of events or information and make the requisite disclosures to the stock exchanges.
Tata Communications share price
Following the results, Tata Communications shares rose as much as 9.49% to hit an intraday high of Rs 1,816.45 on the BSE, against the previous close of Rs 1,659 per share.
The stock was last seen trading at Rs 1,812.55, up 9.26%, amid sustained buying interest. At that price, the company’s market capitalization stood at Rs 51,686 crore on the BSE.
Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here