Tata Communications Limited — Quarter and year ended March 31, 2026
A. Statement of Consolidated Financial Results for the quarter and year ended March 31, 2026 (₹ in crores)
| Particulars | For the quarter ended March 31, 2026 (Refer note 2) | For the quarter ended Dec 31, 2025 (Unaudited) | For the quarter ended March 31, 2025 (Refer note 2) | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| 1. Income from operations (Refer note 8) | 6,554.15 | 6,188.97 | 5,990.35 | 24,802.72 | 23,108.59 |
| 2. Other income, net | 42.58 | 259.29 | 68.80 | 301.73 | 130.30 |
| 3. Total income (1 + 2) | 6,596.73 | 6,448.26 | 6,059.15 | 25,104.45 | 23,238.89 |
| 4. Expenses | |||||
| a. Network and transmission expenses | 3,081.10 | 2,836.31 | 2,712.47 | 11,361.83 | 10,047.77 |
| b. Employee benefits expenses | 1,240.10 | 1,211.49 | 1,136.10 | 4,938.93 | 4,557.28 |
| c. Finance costs | 181.69 | 201.42 | 182.44 | 761.60 | 729.06 |
| d. Depreciation and amortisation expenses | 730.99 | 751.28 | 672.49 | 2,826.74 | 2,592.10 |
| e. Other expenses | 949.02 | 913.07 | 1,019.70 | 3,679.50 | 3,934.51 |
| Total expenses (4a to 4e) | 6,182.90 | 5,913.57 | 5,723.20 | 23,568.60 | 21,860.72 |
| 5. Profit before exceptional items, tax & share in profit of associates (3 – 4) | 413.83 | 534.69 | 335.95 | 1,535.85 | 1,378.17 |
| 6. Exceptional items (Refer note 3) | 20.26 | (76.78) | 577.79 | (97.96) | 691.47 |
| 7. Profit before tax and share in profit of associates (5 + 6) | 434.09 | 457.91 | 913.74 | 1,437.89 | 2,069.64 |
| 8. Tax expense/(benefit): | |||||
| a. Current tax | 192.21 | 176.21 | 101.99 | 612.24 | 610.53 |
| b. Deferred tax | (8.94) | (75.42) | 73.90 | (180.62) | (124.04) |
| 9. Profit before share in profit of associates (7 – 8) | 250.82 | 357.12 | 737.85 | 1,006.27 | 1,583.15 |
| 10. Share in Profit of associates | 8.45 | 7.11 | 23.32 | 32.77 | 42.54 |
| 11. Profit after tax from continuing operations (9 + 10) | 259.27 | 364.23 | 761.17 | 1,039.04 | 1,625.69 |
| 12. Loss after tax from discontinued operations (Refer note 6) | – | – | (31.86) | – | (100.11) |
| Gain/(loss) on sale of subsidiary (refer note 6c) | – | – | 311.20 | (42.19) | 311.20 |
| 13. Total Profit/(Loss) after tax from discontinued operations (refer note 6c) | – | – | 279.34 | (42.19) | 211.09 |
| 14. Profit for the period/year (11+13) | 259.27 | 364.23 | 1,040.51 | 996.85 | 1,836.78 |
| Attributable to: | |||||
| Equity holders of the parent | 263.25 | 365.28 | 1,040.34 | 1,001.57 | 1,836.36 |
| Non-controlling interest | (3.98) | (1.05) | 0.17 | (4.72) | 0.42 |
Consolidated Other Comprehensive Income and EPS (₹ in crores)
| Particulars | For the quarter ended March 31, 2026 (Refer note 2) | For the quarter ended Dec 31, 2025 (Unaudited) | For the quarter ended March 31, 2025 (Refer note 2) | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Other Comprehensive Income/(Loss) (net of tax) from continuing operations (refer note 9) | (132.24) | 92.27 | (156.43) | 102.24 | (153.87) |
| Other Comprehensive Income/(Loss) (net of tax) from discontinued operations (refer note 6c) | – | – | (0.10) | – | (0.09) |
| Other Comprehensive Income/(Loss) (net of tax) (15+16) | (132.24) | 92.27 | (156.53) | 102.24 | (153.96) |
| Attributable to: | |||||
| – Equity holders of the parent | (141.26) | 90.94 | (156.53) | 91.79 | (154.01) |
| – Non-controlling interest | 9.02 | 1.33 | – | 10.45 | 0.05 |
| Total Comprehensive income for the period/year (14+17) | 127.03 | 456.50 | 883.98 | 1,099.09 | 1,682.82 |
| Attributable to: | |||||
| – Equity holders of the parent | 121.99 | 456.22 | 883.81 | 1,093.36 | 1,682.35 |
| – Non-controlling interest | 5.04 | 0.28 | 0.17 | 5.73 | 0.47 |
| Paid up equity share capital (Face value of ₹ 10 per share) | 285.00 | 285.00 | 285.00 | 285.00 | 285.00 |
| Reserves excluding Revaluation reserve | – | – | – | 2,955.98 | 2,530.11 |
| Earnings per share (of ₹ 10/- each) (not annualised) | |||||
| – Continuing operations: Basic (₹) | 9.24 | 12.82 | 26.70 | 36.62 | 57.03 |
| – Continuing operations: Diluted (₹) | 9.22 | 12.80 | 26.66 | 36.57 | 56.95 |
| – Discontinued operations: Basic (₹) | – | – | 9.80 | (1.48) | 7.41 |
| – Discontinued operations: Diluted (₹) | – | – | 9.79 | (1.48) | 7.40 |
| – Continuing and Discontinued operations: Basic (₹) | 9.24 | 12.82 | 36.50 | 35.14 | 64.44 |
| – Continuing and Discontinued operations: Diluted (₹) | 9.22 | 12.80 | 36.45 | 35.09 | 64.35 |
B(i). Consolidated Segment wise revenue and results (₹ in crores)
| Particulars | For the quarter ended March 31, 2026 (Refer note 2) | For the quarter ended Dec 31, 2025 (Unaudited) | For the quarter ended March 31, 2025 (Refer note 2) | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Income from operations | |||||
| Voice Solutions | 387.56 | 373.17 | 374.12 | 1,561.23 | 1,632.81 |
| Data Services (refer note 8) | 5,704.61 | 5,379.81 | 5,121.55 | 21,440.61 | 19,588.47 |
| Transformation Services | 225.72 | 222.87 | 318.37 | 959.34 | 1,201.90 |
| Real Estate | 51.45 | 52.04 | 46.73 | 207.38 | 226.93 |
| Campaign Registry | 235.31 | 217.07 | 180.79 | 844.30 | 655.10 |
| Less: Inter Segment Revenue | (50.50) | (55.99) | (51.21) | (210.14) | (196.62) |
| Total | 6,554.15 | 6,188.97 | 5,990.35 | 24,802.72 | 23,108.59 |
| Segment result | For the quarter ended March 31, 2026 | For the quarter ended Dec 31, 2025 | For the quarter ended March 31, 2025 | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|---|---|---|
| Voice Solutions | 17.76 | 26.09 | 36.42 | 116.16 | 156.33 |
| Data Services (refer note 8) | 346.87 | 280.76 | 251.36 | 1,180.51 | 1,176.35 |
| Transformation Services | 39.49 | 42.52 | 22.07 | 170.37 | 74.93 |
| Real Estate | 23.54 | 28.48 | 21.28 | 105.92 | 123.73 |
| Campaign Registry | 125.28 | 98.97 | 118.46 | 422.76 | 445.59 |
| Total | 552.94 | 476.82 | 449.59 | 1,995.72 | 1,976.93 |
| Less: Finance Costs | 181.69 | 201.42 | 182.44 | 761.60 | 729.06 |
| Less: Other un-allocable (income) net of un-allocable expenditure | (62.84) | (182.51) | (646.59) | (203.77) | (821.77) |
| Profit before tax and share of profit of associates from continuing operations | 434.09 | 457.91 | 913.74 | 1,437.89 | 2,069.64 |
B(ii). Consolidated Segment Assets and Liabilities (₹ in crores)
| Particulars | As at March 31, 2026 (Audited) | As at Dec 31, 2025 (Unaudited) | As at March 31, 2025 (Audited) |
|---|---|---|---|
| Segment Assets | |||
| Voice Solutions | 264.35 | 280.01 | 232.16 |
| Data Services | 20,305.91 | 20,107.89 | 18,730.60 |
| Transformation Services | 294.18 | 311.24 | 428.16 |
| Real Estate | 225.09 | 227.01 | 232.11 |
| Campaign Registry | 975.22 | 934.88 | 941.96 |
| Total Segment Assets (sum) | 22,064.75 | 21,861.03 | 20,564.99 |
| Assets held for sale pertaining to discontinued operations | – | – | 47.40 |
| Unallocated Assets | 6,339.19 | 5,801.76 | 5,972.19 |
| Total Segment Assets | 28,403.94 | 27,662.79 | 26,584.58 |
| Segment Liabilities | |||
| Voice Solutions | 349.95 | 349.18 | 399.02 |
| Data Services | 11,509.38 | 11,143.82 | 10,486.01 |
| Transformation Services | 221.81 | 243.73 | 279.60 |
| Real Estate | 67.77 | 66.34 | 76.33 |
| Campaign Registry | 175.31 | 118.11 | 48.56 |
| Total Segment Liabilities (sum) | 12,324.22 | 11,921.18 | 11,289.52 |
| Liabilities towards assets held for sale pertaining to discontinued operations | – | – | 11.49 |
| Unallocated Liabilities | 12,428.62 | 12,236.51 | 12,259.29 |
| Total Segment Liabilities | 24,752.84 | 24,157.69 | 23,560.30 |
C. Statement of Consolidated Assets and Liabilities (₹ in crores)
Assets
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Non-current assets | ||
| (a) Property, plant and equipment | 8,132.92 | 7,637.93 |
| (b) Capital work-in-progress | 761.50 | 1,005.13 |
| (c) Right-of-use assets | 1,605.32 | 1,430.42 |
| (d) Investment property | 187.26 | 194.98 |
| (e) Goodwill | 2,442.79 | 1,932.52 |
| (f) Other intangible assets | 3,112.66 | 2,723.10 |
| (g) Intangible assets under development | 88.83 | 94.79 |
| (h) Financial assets | ||
| (i) Investments: Investments in associates | 1,982.87 | 1,630.75 |
| (i) Investments: Other investments | 18.48 | 167.48 |
| (ii) Other financial assets | 145.24 | 154.35 |
| (i) Deferred tax assets (net) | 901.22 | 806.68 |
| (j) Non-current tax assets (net) | 1,739.37 | 1,187.09 |
| (k) Other non-current assets | 422.57 | 380.68 |
| Total Non-current assets | 21,541.03 | 19,345.90 |
| Current assets | ||
| (a) Inventories | 100.36 | 157.84 |
| (b) Financial assets | ||
| (i) Other investments | 295.90 | 915.70 |
| (ii) Trade receivables | 4,171.10 | 4,006.10 |
| (iii) Cash and cash equivalents | 641.96 | 533.90 |
| (iv) Bank balances other than (iii) above | 53.38 | 53.51 |
| (v) Other financial assets | 187.32 | 255.54 |
| (c) Other current assets | 1,405.49 | 1,261.10 |
| Assets classified as held for sale | 7.40 | 54.99 |
| Total Current assets | 6,862.91 | 7,238.68 |
| TOTAL ASSETS | 28,403.94 | 26,584.58 |
Equity and Liabilities
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| EQUITY | ||
| (a) Equity share capital | 285.00 | 285.00 |
| (b) Other equity | 3,162.04 | 2,736.17 |
| **Equity |