The company announced the results after market hours on Monday, 21 May 2012.

Meanwhile, the BSE Sensex was down 31.52 points or 0.19% to 16,151.74.

On BSE, 26,000 shares were traded in the counter as against average daily volume of 54,792 shares in the past one quarter.

The stock hit a high of Rs 209 and a low of Rs 190.65 so far during the day. The stock had hit a 52-week low of Rs 176.30 on 24 November 2011. The stock had hit a 52-week high of Rs 263.20 on 22 February 2012.

The stock had underperformed the market over the past one month till 21 May 2012, falling 12.93% compared with the Sensex's 6.85% fall. The scrip had also underperformed the market in past one quarter, tumbling 14.71% as against Sensex's 12.18% decline.

The mid-cap company has an equity capital of Rs 285 crore. Face value per share is Rs 10.

Tata Communications' total income rose 27.5% to Rs 4015.32 crore in Q4 March 2012 over Q4 March 2011.

Tata Communications said its core business reported revenues of Rs 3509 crore in Q4 March 2012, up from Rs 3164.80 crore in Q3 December 2011 and Rs 2907.60 crore in Q4 March 2011. The start-up business, comprising chiefly of Neotel, posted higher revenue of Rs 452.20 crore in Q4 March 2012 against Rs 161.30 crore in Q4 March 2011.

The company reported consolidated net loss of Rs 794.65 crore for the year ended 31 March 2012 (FY 2012), higher than net loss of Rs 776.90 crore for the year ended 31 March 2011 (FY 2011). Total income rose 17.69% to Rs 14340.85 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

The company said its core business revenue stood at Rs 12458 crore in FY 2012, higher than Rs 11320.50 crore for FY 2011. The start-up business revenue improved to Rs 1738.10 crore from Rs 611.50 crore in FY 2011. Tata Communications said the company was in the green at the profit before tax (PBT) level in FY 2012 in its core business.

Global Voice Services (GVS) business reported total voice minutes at 55 billion minutes from 51 billion minutes in FY 2011 on an overall level. GVS accounted for 55% of the Core Business revenues and Global Data Services (GDS) accounted for 45% in FY 2012, the company said in a statement.

Commenting on the results, Mr Vinod Kumar, MD and CEO, Tata Communications said, Our main focus this year was profitability and this is reflected in our core business which has registered a robust performance. The South African operation, Neotel, has also ended the year on an EBITDA positive note. We launched several new products in the last quarter which have held us in good stead. In these uncertain times, we are well poised to partner with our clients for their communications and technology requirements as they look to diversify and grow their business across different geographies.

Tata Communications' board of directors at a meeting held on Monday, 21 May 2012, recommended a dividend of Rs 2 per share for the year ended March 2012.

Tata Communications is a leading global provider of a new world of communications. The Tata Global Network includes one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 400 PoPs, and nearly 1 million square feet of data center and collocation space worldwide. The company has strategic investments in South Africa (Neotel), Sri Lanka (Tata Communications Lanka) and Nepal (United Telecom).