Tata Communication Q4 PAT up 22.01% to Rs365.06cr on better margins in data services

23 Apr 2022 , 08:17 PM

Tata Communication reported 4.66% growth yoy in total revenues for the Mar-22 quarter on consolidated basis at Rs4,263.03cr. On a sequential basis, the revenues were higher for the quarter by 1.87%.

Revenue from voice solutions fell -3.8% at Rs537cr while the revenues from data services were up by 6.9% at Rs3,306cr. Revenues from other verticals like payment solutions, transformational services and real estate were flat to marginally positive.

Full year revenues at Rs16,725cr were lower by 2.2% on a yoy basis.

The consolidated net profit for Q4 was up 22.01% to Rs365.06cr, while the profits were down by -7.63% on a sequential basis. EBITDA margins at 10.71% in the Mar-22 quarter were better compared to 10.32% in the Mar-21 quarter.

The profit growth was driven by better operating margins in the data services business, while voice was lower. Net margins stood at 8.56% in Mar-22 quarter compared to 7.35% in Mar-21. The net profit margins were lower by 88 basis points on a sequential basis, compared to Dec-21 quarter.

Financial highlights for Mar-22 compared yoy and sequentially

	Tata Communication
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 4,263.03	₹ 4,073.25	4.66%	₹ 4,184.89	1.87%
Net Profit (Rs cr)	₹ 365.06	₹ 299.20	22.01%	₹ 395.21	-7.63%
Diluted EPS (Rs)	₹ 12.81	₹ 10.50		₹ 13.87
Net Margins	8.56%	7.35%		9.44%