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Tata Communications Limited (TATACOMM.NS)

1,746.10

+1.15

(+0.07%)

At close: 3:29 PM GMT+5:30

3 Red Sea data cables cut as Houthis launch more attacks in the vital waterway

Three cables under the Red Sea that provide global internet and telecommunications have been cut as the waterway remains a target of Yemen’s Houthi rebels, officials said Monday. Meanwhile, a Houthi missile attack set a ship ablaze in the Gulf of Aden, but caused no injuries. There has been concern about the cables being targeted in the Houthi campaign, which the rebels describe as an effort to pressure Israel to end its war on Hamas in the Gaza Strip.

Associated Press Finance last month

TATACOMM.NS
+0.07%
India's Tata Communications posts 59% profit slump on higher costs

Consolidated net profit for the company, a subsidiary of the Tata Group, fell to 2.21 billion rupees ($26.56 million) for the quarter ended Sept. 30, from 5.32 billion rupees a year ago, marking its fourth straight decline in quarterly profit. Expenses rose 16% to 46 billion rupees, led by a 15% jump in network and transmission costs. Meanwhile, the company's mainstay data services segment, which contributes over 80% to its total income from operations, saw its revenue jump 14% on robust demand in its core connectivity and digital portfolio segments.

Reuters 6 months ago

TATACOMM.NS
+0.07%
India's Tata Communications posts 30% slump in profit as expenses weigh

Indian network services provider Tata Communications reported a 30% slump in first-quarter profit on Wednesday, hit by higher interest costs and lower foreign exchange gains. Consolidated net profit for the quarter ended June 30, was 3.82 billion rupees ($46.6 million), compared with 5.44 billion rupees a year ago. The company, which has been on an acquisition spree to expand its offerings, had said in June that it aims to double its data business revenue over the next four years.

Reuters 9 months ago

TATACOMM.NS
+0.07%

Performance Overview

Return	TATACOMM.NS	S&P BSE SENSEX
YTD	-1.37%	+2.23%
1-Year	+42.63%	+23.80%
3-Year	+60.49%	+54.25%

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Tata Communications Limited (TATACOMM.NS)

3 Red Sea data cables cut as Houthis launch more attacks in the vital waterway

India's Tata Communications posts 59% profit slump on higher costs

India's Tata Communications posts 30% slump in profit as expenses weigh

Performance Overview