Tata Communications Monday reported net loss of Rs. 201 crore for the
third quarter ended December 31, 2012 due to rise in expenditures.
The company had posted a net loss of Rs. 153.06 crore in the same period a year ago.
Communications' consolidated income from operations during the reported
quarter increased by 23 percent to Rs. 4,434.11 crore from Rs. 3,604.1
crore in the corresponding period last fiscal, the company said in a BSE
The expenses of the company increased by 22.3 per cent to
Rs. 4,373.09 crore during the reported quarter compared to Rs. 3,575.07
crore in the same quarter in FY2012, it said.
The company saw its
consolidated income from global voice solutions (GVS) increasing during
the quarter, under which it facilitates voice calls like facility for
The income from GVS business of Tata
Communications increased by 28 per cent to Rs. 2,214.27 crore from Rs.
1,727.27 crore in Q3, FY2012.
The consolidated income of company
from global data and managed services business increased by 21 percent
to Rs. 1,738.88 crore during the reported quarter from Rs. 1,437.48 crore
in the same period a year ago.
Shares of the company were trading at Rs. 226.8 apiece, up by 1.11 percent, in the late afternoon session at the BSE.