The internet and telephony major posted only a 3.40 per cent increase in net profit at Rs 91 crore during the second quarter ended September 30, 2005, while revenues increased almost 19 per cent to Rs 961.2 crore in the quarter under review.
The Tata group-controlled company which completed its acquisition of Tyco's undersea cable division is integrating this business with itself, while it is also planning to scale up its global voice business by the acquisition of Teleglobe.