Mumbai, Jan 22 (NationPress) Tata Communications disclosed on Wednesday that its net profit for Q3 FY25 reached Rs 236.08 crore, marking an impressive increase of 424 per cent from Rs 45.05 crore in the same quarter last fiscal year (Q3 FY24).

The company's operational revenue for the quarter was Rs 5,798.07 crore, reflecting a year-on-year rise of 3.76 per cent from Rs 5,587.78 crore reported in the previous fiscal year.

Tata Communications also noted a rise in its earnings before interest, tax, depreciation, and amortisation (EBITDA), which stood at Rs 1,181 crore, marking a 4.1 per cent increase from Rs 1,134 crore in the same quarter last year.

“Q3 has been a satisfactory quarter with robust growth in digital revenues, better margins, and improved free cash flow. We are progressing effectively in our review of subsidiaries, focusing on optimizing their performance and unlocking value,” stated A.S. Lakshminarayanan, MD and CEO of Tata Communications.

During Q3, the company saw a rise in data revenues, totaling Rs 4,903 crore, which is a 6.2 per cent increase compared to Rs 4,618 crore in the same period last year.

Moreover, digital revenues surged by 10.2 per cent year-on-year, amounting to Rs 2,313 crore.

In terms of consolidated financials, the gross revenue reported for the quarter was Rs 5,798 crore, a 2.9 per cent growth from Rs 5,633 crore in the corresponding quarter last year.

The EBITDA margin improved slightly to 20.4 per cent, an increase of 23 basis points from 20.1 per cent. The PAT margin also experienced a significant enhancement, rising to 4.4 per cent, a jump of 363 basis points from 0.8 per cent in the same quarter last year.

Additionally, the board has sanctioned a proposal for investing in its wholly-owned subsidiary, Tata Communications (Netherlands) B.V. This investment aims to streamline the group’s structure by placing TC Netherlands directly under Tata Communications' ownership, without altering the ultimate ownership and economic interests in the subsidiary.