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Tata Communications revenue up 22 percent
Monday, 27 October 2008, 19:30 IST
New Delhi: Tata Communications has announced a 22 percent rise in revenue for the second quarter of 2008-09.
In a regulatory statement, the company said its revenues for the quarter ended Sep 30 grew to 
9.84 billion from 8.04 billion in the year-ago period.
Tata's earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 31 percent to 2.21 billion in the same quarter.
Revenues grew 11 percent to 18.47 billion in the first six months this fiscal. However, the EBITDA was a tad lower at 4.14 billion compared to 4.15 billion in the corresponding period last year.
Source: IANS
9.84 billion from 8.04 billion in the year-ago period.
Tata's earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 31 percent to 2.21 billion in the same quarter.
Revenues grew 11 percent to 18.47 billion in the first six months this fiscal. However, the EBITDA was a tad lower at 4.14 billion compared to 4.15 billion in the corresponding period last year.
Source: IANS