Tata Communications gains after concluding issue of CPs amounting to Rs 500 crore

The said paper would be redeemed on 17 July 2025. The instrument has been issued at a discount of 6.58% per annum.

Tata Communications is a global digital ecosystem enabler powering today's fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables the digital transformation of enterprises globally with collaboration and connected solutions, core and next-gen connectivity, cloud hosting and security solutions, and media services.

The company reported a consolidated net profit of Rs 235.96 crore in Q3 FY25, up 426.58% from Rs 44.81 crore posted in Q3 FY24. Income from operations advanced 3.76% YoY to Rs 5,798.07 crore in the quarter ended 31 December 2024.