Tata Communications today reported a 24.14 per cent decline in net profit to Rs 98.34 crore for the first quarter ended June 30, against Rs 129.65 crore in the year-ago period.
The company's income rose to Rs 921.29 crore for the quarter ended June 30, 2008, from Rs 887.72 crore in the same period last year, the telecommunication services provider said in a filing to the Bombay Stock Exchange.
Shares of the company were trading at Rs 443, up 9.41 per cent on the BSE in afternoon trade.
