Tata Communications Q2 Results Live: Profit Rises by 2.98% YOY

Tata Communications Q2 Results Live : Tata Communications declared their Q2 results on October 17, 2024, reporting a topline increase of 18.37% year-on-year and a profit rise of 2.98%. However, compared to the previous quarter, revenue saw a modest growth of 2.38%, while profit experienced a significant decrease of 31.73%.

The company’s Selling, General & Administrative expenses rose by 4.72% quarter-on-quarter and increased by 11.78% year-on-year, indicating a growing cost structure that may impact future profit margins.