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Tata Communications reports standalone net loss of Rs 105.82 crore in the March 2016 quarter

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Capital Market

Sales rise 12.80% to Rs 1222.13 crore

Net loss of Tata Communications reported to Rs 105.82 crore in the quarter ended March 2016 as against net profit of Rs 160.73 crore during the previous quarter ended March 2015. Sales rose 12.80% to Rs 1222.13 crore in the quarter ended March 2016 as against Rs 1083.42 crore during the previous quarter ended March 2015.

For the full year,net profit declined 83.22% to Rs 113.20 crore in the year ended March 2016 as against Rs 674.62 crore during the previous year ended March 2015. Sales rose 9.82% to Rs 4740.06 crore in the year ended March 2016 as against Rs 4316.03 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1222.131083.42 13 4740.064316.03 10 OPM %26.2524.48 -24.7023.82 - PBDT446.37386.55 15 1334.951673.25 -20 PBT256.46202.89 26 589.39954.31 -38 NP-105.82160.73 PL 113.20674.62 -83

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First Published: May 28 2016 | 1:15 PM IST

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