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A recent lawsuit accuses the authority for political robocalls and text messages in the U.S. of discriminating against Republican candidates, as well as having concerning ties to foreign governments.
A recent lawsuit accuses the authority for political robocalls and text messages in the U.S. of discriminating against Republican candidates, as well as having concerning ties to foreign governments.
The company's net profit fell by 58% YoY to Rs221.3 crore, with expenses increasing by 16% to Rs4,600 crore, mainly due to network and transmission costs
Tata Communications fall in net profit comes even as revenue from operations saw a 10% jump on-year to Rs 4872.5 crore in the September quarter as compared to Rs 4430.74 crore in the corresponding quarter of last year
The fall in net profit of Tata Communications comes even as revenue from operations saw a 10% jump on year at Rs 4872.5 crore in the September quarter of this fiscal as compared to Rs 4430.74 crore in the second quarter of FY23. Revenue growth was driven by Tata Communications data business growth, which came in at Rs 3, 995 crore, up 14.1% from the previous year.