Tata Communications reports consolidated net loss of Rs 120.47 crore in the March 2018 quarter

Sales decline 6.64% to Rs 4008.58 crore

Net Loss of Tata Communications reported to Rs 120.47 crore in the quarter ended March 2018 as against net loss of Rs 260.81 crore during the previous quarter ended March 2017. Sales declined 6.64% to Rs 4008.58 crore in the quarter ended March 2018 as against Rs 4293.73 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 325.61 crore in the year ended March 2018 as against net profit of Rs 1235.46 crore during the previous year ended March 2017. Sales declined 5.50% to Rs 16650.84 crore in the year ended March 2018 as against Rs 17619.73 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales4008.584293.73 -7 16650.8417619.73 -6 OPM %13.8611.70 -13.7613.65 - PBDT697.381247.10 -44 2327.434395.86 -47 PBT192.23779.41 -75 421.132530.09 -83 NP-120.47-260.81 54 -325.611235.46 PL

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