Tata Communications posts Rs.123 crore net loss in Q4

Image
IANS New Delhi
Last Updated : May 13 2014 | 7:39 PM IST

Tata Communications posted a net loss of Rs.123.19 crore for the fourth quarter (January-March) of 2013-14.

The company posted a net loss of Rs.5.20 crore for the corresponding quarter last fiscal (2012-13), the company said in a BSE filing Tuesday.

The consolidated total Income during the fourth quarter was Rs.5,272.31 crore compared to Rs.4,441.83 crore during the quarter ended March 31, 2013.

"Tata Communications has delivered a year of strong growth and has strengthened its competitive positioning in the market. Our ongoing focus on execution, talent development and sharpening our value proposition is delivering tangible value," Vinod Kumar, managing director and chief executive officer, Tata Communications said in a company statement.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2014 | 7:28 PM IST

Next Story