Tata Communications net profit declines 54.24% in the March 2014 quarter

Sales decline 29.55% to Rs 810.34 crore

Net profit of Tata Communications declined 54.24% to Rs 123.34 crore in the quarter ended March 2014 as against Rs 269.55 crore during the previous quarter ended March 2013. Sales declined 29.55% to Rs 810.34 crore in the quarter ended March 2014 as against Rs 1150.23 crore during the previous quarter ended March 2013.

For the full year,net profit rose 14.14% to Rs 542.43 crore in the year ended March 2014 as against Rs 475.24 crore during the previous year ended March 2013. Sales declined 1.95% to Rs 4330.05 crore in the year ended March 2014 as against Rs 4416.12 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales810.341150.23 -30 4330.054416.12 -2 OPM %11.6028.47 -23.0522.65 - PBDT276.99374.28 -26 1402.381260.74 11 PBT164.37176.38 -7 722.15498.34 45 NP123.34269.55 -54 542.43475.24 14

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