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Tata Communications Q1 net profit dips

Tata Communications Q1 net profit dips
PTI
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First Published: Sat, Jul 25 2009. 05 17 PM IST
Updated: Sat, Jul 25 2009. 05 17 PM IST
Mumbai: Telecom firm Tata Communications on Saturday reported a 67.56% decline in its net profit at Rs31.94 crore for the quarter ended 30 June 2009, over the same period last year.
The company had a net profit of Rs98.47 crore in the same period last year, Tata Communications said in a filing to the Bombay Stock Exchange.
Revenues from telecommunications services declined to Rs842.89 crore in the latest quarter, against Rs870.88 crore in the same period previous fiscal.
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First Published: Sat, Jul 25 2009. 05 17 PM IST