Tata Communications reported consolidated revenues of Rs 196,196 million for the full year ended 2014 registering a growth of 14 per cent over 2013. In 2013, the operator?s consolidated revenues stood at Rs 172,130 million.
For 2014, Tata Communications has posted a net profit of Rs 1,014 million, reporting its first consolidated annual net profit in the last five years – a result of significant improvement in underlying operational performance.
Further, the company?s core business revenues from operations has increased from Rs 153,181 million in 2013 to Rs 174,509 million in 2014. Tata Communications claims that its wholesale voice business continued to outpace the global market growth rate recording 11 per cent growth in revenue from operations in 2014 in comparison to 2013.
The company?s data segment business witnessed 17 per cent growth in revenues, primarily on account of strong demand from global enterprise customers for ethernet, virtual private network solutions and a host of other managed services solutions. Tata Communications has reported that the company?s start-up business revenue grew by 14 per cent from Rs 18,948 million in 2013 to Rs 21,687 million.
For 2014, Tata Communications consolidated earnings before interest, taxes, depreciation, and amortisation improved by eight per cent and stood at Rs 30,416 million in comparison to Rs 20,597 million in 2013.
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