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News Topical, Digital Desk : Tata Communications Ltd has announced its quarterly results after the stock market closed on Thursday. The company has said in the information given to the exchange that in the first quarter of FY 2026, the company's profit has declined by 42.9 percent to Rs 190 crore, which was Rs 333 crore in this quarter a year ago. The company's income has seen an increase of 6.6 percent, reaching Rs 5690 crore. A year ago in this quarter, the company had recorded an income of Rs 5592 crore.
The Tata Group company said in the information given to the exchange that the company's EBITDA in the June quarter increased marginally by 0.1 per cent to Rs 1137 crore, which was Rs 1136 crore in the same quarter a year ago. The company's EBITDA margin has come down from 20.3 per cent to 19.1 per cent year-on-year.
Approval to raise funds through NCDs During the meeting, the board reviewed and approved the proposal to raise funds up to ₹ 1,000 crore. This amount will be raised through the issue of Non-Convertible Debentures (NCDs) on a private placement basis. The company said that the board of Tata Communications has approved entering into an Intra-Group Share Purchase Agreement (SPA) in its meeting held on July 17, 2025. This agreement has been made for the acquisition of the entire equity share capital of Solutions Infini Technologies (India) (SI India), a step-down wholly-owned subsidiary of the company. This acquisition will be done from Kaleyra SPA and a total fair value of ₹ 123.6 crore will be paid for it. Share performance The company's shares closed at Rs 1,729.50 with a gain of 19.1 percent on Thursday. In the last one year, the company's stock has seen a decline of 7.54 percent.
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