VERIFIEDET Finance·22 Jul 2026neutral

Tata Communications flags role cuts, takes Rs 44.78 cr charge

AI Summary

·Tata Communications incurred a Rs 44.78 crore charge due to staff cost optimization as part of organizational restructuring.
·Consolidated net profit declined due to restructuring expenses and a data centre outage, despite a 10.5% rise in revenue.
·EBITDA increased, and the company remains focused on accelerating growth across its portfolios.