Tata Communications records Rs.983 mn net profit

July 30th, 2008 - 11:12 pm ICT by IANS  

Mumbai, July 30 (IANS) Tata Communications Ltd, part of the $55 billion Tata group, Wednesday announced a net profit of Rs.983 million ($23.4 million) for the first quarter of 2008-09 against Rs.1.29 billion of the year-ago period. The company’s total revenue, however, increased to Rs.9.21 billion during the quarter compared to Rs.8.88 billion over the same period last year.

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