Tata Telecom PAT soars 70% in Q3

Tata Telecom, the communication solutions provider for enterprises, has announced a 70 per cent jump in profit after tax at Rs 9 crore for the third quarter ended December compared with Rs 5.3 crore in the corresponding previous period.

Turnover rose to Rs 100 crore (Rs 86 crore). For the nine-months ended December 31, the company's profit after tax (PAT) shot up by 116 per cent to Rs 22 crore as compared to Rs 10 crore in the corresponding previous period. Turnover rose 25 per cent to Rs 269 crore (Rs 216 crore).

Niru Mehta, vice chairman, Tata Telecom and managing director & vice president, Avaya India, said: "Our end-to-end converged communications solutions are emerging to be a key differentiator for Tata Telecom's consistent growth."

The third quarter at Tata Telecom saw focus on enhancing value proposition and, therefore, making its customers more competitive in the global market.

Towards this, the company entered into a strategic marketing alliance with Symon Communications, a leading global provider of contact center and enterprise performance and productivity tools, to provide performance management solutions to its contact center clients.