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Tata Communications-Tata Communications revises June qtr net loss to Rs 215.4cr

Friday, September 23, 2011

Private telecom operator Tata Communications today posted a net loss of Rs 215.4 crore for the quarter ended June 30, in its revised results.

The company had a net loss of Rs 236 crore for the same quarter last year, it said.

"The results for the current quarter ended June 30, 2011 include the operations of Tata Communications Internet Service Ltd. In view of this, the results for the current quarter are not comparable with the corresponding quarter of the previous financial year," Tata Communications said in a filing to the Bombay Stock Exchange.

Total income of the company stood at Rs 3,294.33 crore for the April-June quarter. It was Rs 2,900.44 crore in the corresponding quarter previous fiscal.

On August 9, it had announced the results wherein it had reduced its consolidated net loss to Rs 218.23 crore for the quarter.

It had registered a net loss of Rs 281.39 crore during April-June quarter 2010.

Shares of Tata Communications today closed at Rs 202.90 on BSE, up 0.92 per cent from the previous close.



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