Tata Communications share price I Q3 FY21 numbers decoded by Motilal Oswal
Tata Communications consolidated revenues fell 4.1% QoQ to Rs 42.2 bn (5.6% miss) on the back of decline in the Voice and Data segments. Tata Communications Voice segment’s revenue stood at Rs 6.7 bn (11.2% down QoQ) and Data segment’s revenue was down 2.6% QoQ to Rs 35.5 bn. This was attributable to factors such as seasonality and Covid related weakness in deal conversions. EBITDA declined 9.6% QoQ to Rs 10.5 bn (9.5% miss), weighed by 60%/7.4% decline in Voice/Data to Rs 200 mn / Rs 10.3 bn.
Tata Communication’s PAT decreased 19.6% QoQ to Rs 3.1 bn; adjusted PAT (for exceptional items) stood at Rs 3.2 bn – down 27% QoQ, indicating a 13% miss: pic taken from youtube.com