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Tata Communications Ltd has reported its Q1 FY26 results, showing steady performance and aggressive growth moves.
Key Highlights:
- Consolidated income from operations stood at ₹59.6 billion, reflecting stable demand across data services and digital platforms.
- Net profit came in at ₹1.9 billion, supported by cost discipline and improved operating leverage.
Strategic Acquisition:
- The company will acquire Unit Solutions Infini Technologies (India) for ₹1.24 billion.
- Infini, a Kaleyra subsidiary, specializes in cloud-based messaging and telephony, enhancing Tata’s CPaaS capabilities.
Capital Raise:
- Tata Communications will raise up to ₹10 billion via non-convertible debentures (NCDs) on a private placement basis.
- The funds will support expansion, refinance existing debt, and strengthen working capital.
Outlook:
- With the Infini acquisition and fresh capital, Tata aims to deepen its enterprise engagement and scale its digital infrastructure globally.
Sources: Business Standard, Economic Times, Markets Insider, CARE Ratings, Tata Communications Exchange Filings.
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