Tata Communications reports standalone net loss of Rs 1264.86 crore in the March 2017 quarter

Sales rise 4.78% to Rs 1280.49 crore

Net loss of Tata Communications reported to Rs 1264.86 crore in the quarter ended March 2017 as against net profit of Rs 86.93 crore during the previous quarter ended March 2016. Sales rose 4.78% to Rs 1280.49 crore in the quarter ended March 2017 as against Rs 1222.13 crore during the previous quarter ended March 2016.

For the full year,net profit rose 75.67% to Rs 689.83 crore in the year ended March 2017 as against Rs 392.68 crore during the previous year ended March 2016. Sales rose 5.80% to Rs 5068.15 crore in the year ended March 2017 as against Rs 4790.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1280.491222.13 5 5068.154790.32 6 OPM %19.7526.87 -23.5424.89 - PBDT-368.49370.22 PL 1145.601370.56 -16 PBT-566.05180.95 PL 381.02627.57 -39 NP-1264.8686.93 PL 689.83392.68 76

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