Tata Communications profit jumps 86% as shares rise 6.8%
In short
Tata Communications said its Q2 profit jumped 86%, and the stock rose 6.8% after the results. Revenue from operations increased 9.6% to ₹6,687.89 crore, while data revenue rose 12.2% to ₹5,810.99 crore.
This matters because the company’s earnings and revenue growth appear to have pleased investors. The excerpt does not give the full profit number or other reasons for the share move.
What the reporting says
Tata Communications posted an 86% jump in Q2 profit, and its shares surged 6.8% on the results, according to the publisher-supplied summary. The reporting says consolidated revenue from operations rose 9.6% year-on-year to ₹6,687.89 crore and data revenue increased 12.2% to ₹5,810.99 crore. The immediate consequence was a strong stock reaction, while the full profit figure is not stated in the available excerpt.
Why it matters
Tata Communications reported an 86% jump in quarterly profit, with shares rising 6.8% after the results. The available summary also says consolidated revenue from operations reached ₹6,687.89 crore and data revenue rose to ₹5,810.99 crore. The reporting points to strong operating momentum, but it does not provide the complete profit figure, EBITDA number, or management explanation.