Tata Communications Ltd., or Tata Com. reported fourth-quarter stand-alone net profit of Rs.38.20 crore, up from Rs.25.17 crore for the quarter ended March 31, 2011. Total income increased to Rs.1,159.42 crore from Rs.978.18 crore in the year-ago quarter.
On a consolidated basis, it reported fourth-quarter net loss of Rs.260.94 crore, compared with a net loss of Rs.156.51 crore in the corresponding quarter of the preceding year. Total income grew to Rs.4,015.32 crore from the Rs.3,146.27 crore in Q4FY11.
The company's board recommended a dividend of Rs.2.00 per equity share of Rs.10 each for the fiscal year 2012.
At the BSE, Tata Communications shares are currently trading at Rs.205.00, up 1.01 percent from the previous close.
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by RTT Staff Writer
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