Tata Communications Q4 results: Profit up 15% on data services demand

India’s Tata Communications reported a 15% rise in its fourth-quarter profit on Tuesday, helped by higher demand for its data services.

The firm’s consolidated pre-tax profit for the January-to-March quarter rose to 3.36 billion rupees ($39.5 million) from 2.92 billion rupees a year earlier.

Tata Communications, which provides services such as data connections and cybersecurity to enterprises, has been reorganising its structure and monetising non-core assets to sharpen focus on core operations as it seeks a bigger share of the highly competitive market for cloud, networking services, media and entertainment.