Tata Communications Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	248,027	231,086	207,847	178,383	167,247
Revenue	248,027	231,086	207,847	178,383	167,247
Revenue Growth (YoY)	7.33%	11.18%	16.52%	6.66%	-2.20%
Cost of Revenue	163,008	163,414	143,753	117,265	109,121
Gross Profit	85,020	67,672	64,094	61,117	58,126
Selling, General & Admin	-	3,343	3,014	2,902	15,628
Other Operating Expenses	36,795	17,460	17,365	14,570	-
Operating Expenses	65,062	47,902	44,896	40,553	37,905
Operating Income	19,957	19,769	19,199	20,564	20,222
Interest Expense	-7,616	-7,291	-6,301	-4,325	-3,603
Interest & Investment Income	-	190.8	1,728	1,887	2,210
Earnings From Equity Investments	327.7	425.4	199.9	340.3	68.2
Currency Exchange Gain (Loss)	-	-264.7	-15.6	406.5	125.9
Other Non Operating Income (Expenses)	3,017	879.2	443.7	635.1	436.4
EBT Excluding Unusual Items	15,686	13,709	15,253	19,508	19,460
Merger & Restructuring Charges	-1,146	-920.6	-521.1	-	318.6
Gain (Loss) on Sale of Investments	-	191.9	191	283.4	294.2
Gain (Loss) on Sale of Assets	-	51.2	86.3	60.6	56.7
Asset Writedown	-	-1,030	-	-	-
Legal Settlements	-	-320.6	-	296.1	-359.8
Other Unusual Items	166.8	9,440	-1,627	826.7	197.5
Pretax Income	14,707	21,122	13,382	20,975	20,068
Income Tax Expense	4,316	4,865	2,135	2,966	5,221
Earnings From Continuing Operations	10,390	16,257	11,247	18,009	14,847
Earnings From Discontinued Operations	-421.9	2,111	-1,551	-	-
Net Income to Company	9,969	18,368	9,696	18,009	14,847
Minority Interest in Earnings	47.2	-4.2	-12.4	-49.1	-29.1
Net Income	10,016	18,364	9,683	17,960	14,818
Net Income to Common	10,016	18,364	9,683	17,960	14,818
Net Income Growth	-45.46%	89.64%	-46.08%	21.20%	18.48%
Shares Outstanding (Basic)	285	285	285	285	285
Shares Outstanding (Diluted)	285	285	285	285	285
Shares Change (YoY)	0.09%	-	0.04%	0.01%	-
EPS (Basic)	35.14	64.40	33.96	63.02	51.99
EPS (Diluted)	35.09	64.39	33.96	63.01	51.99
EPS Growth	-45.51%	89.63%	-46.11%	21.19%	18.48%
Free Cash Flow	20,459	7,052	10,997	28,912	25,474
Free Cash Flow Per Share	71.68	24.73	38.56	101.43	89.38
Dividend Per Share	17.500	25.000	16.700	21.000	20.700
Dividend Growth	-30.00%	49.70%	-20.48%	1.45%	47.86%
Gross Margin	34.28%	29.28%	30.84%	34.26%	34.76%
Operating Margin	8.05%	8.55%	9.24%	11.53%	12.09%
Profit Margin	4.04%	7.95%	4.66%	10.07%	8.86%
Free Cash Flow Margin	8.25%	3.05%	5.29%	16.21%	15.23%
EBITDA	48,225	40,430	38,911	38,705	37,681
EBITDA Margin	19.44%	17.50%	18.72%	21.70%	22.53%
D&A For EBITDA	28,267	20,661	19,713	18,141	17,459
EBIT	19,957	19,769	19,199	20,564	20,222
EBIT Margin	8.05%	8.55%	9.24%	11.53%	12.09%
Effective Tax Rate	29.35%	23.03%	15.95%	14.14%	26.02%
Revenue as Reported	251,045	232,389	210,488	182,014	170,568
Advertising Expenses	-	2,155	1,745	1,567	1,109

Source: S&P Global Market Intelligence. Standard template. Financial Sources.