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Tata Comm Q3 net more than triples YoY

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CIOL Bureau
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MUMBAI, INDIA: Leading telecommunication services provider Tata Communications posted a net profit of  Rs 281.8 crore for the quarter ended December 31, 2009, more than three times compared to the net profit of Rs 82.19 crore for the quarter ended December 31, 2008.

However, the revenue has decreased from Rs 1031.46 crore for the quarter ended December 31, 2008 to Rs 823.5 crore for the quarter ended December 31, 2009, ata Communications said in a statement.

At 2 pm Tata Communications shares were trading at Rs321.10, 3.05 per cent up from yesterday's closing of Rs311.60.

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