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July to September 2025 · consolidated

Tata Communications Ltd. Q2 FY26 results

TATACOMM · Telecommunication

Open the terminal
✓Clean on 7 checks✓1 positive7 of 19 checks ran · from the quarterly statements; filing read not yet in
Revenue₹6,100 cr▲ 6.5%on the year▲ 2.3%on the quarter
EBITDA₹1,174 cr▲ 4.0%on the yearmargin 19.2% (−46 bps)
Net profit₹183 cr▼ 19.4%on the year▼ 3.7%on the quarter
EPS₹6.42▼ 19.4%on the year

What changed

  1. Revenue ₹6,100 cr, +6.5% on the year; EBITDA margin 19.2%, −46 bps.
  2. Reported profit −19.4%; core profit, before other income, exceptional items and tax, +0.3%.
  3. Every check that could run (7 of 19) came back quiet.

Questions to ask: none this quartereach one with its numbers and source

No check fired. That is a statement about the checks below, not a verdict on the company.

Also worth knowing

✓Positive

Core profit grew faster than reported profit: one-offs held the headline down.

Reported profit −19.4% on the year; profit before other income, exceptional items and tax +0.3%.

Source: Quarterly statements

Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).

Where the profit change came fromSep '24 → Sep '25

₹227 crSep'24+₹45.0 crBusiness(EBITDA)−₹31.0 crDepreciation−₹13.0 crFinancecost−₹67.0 crOtherincome+₹14.7 crTax+₹7.3 crOtherlines₹183 crSep'25Scale starts at ₹94.4 cr, not zero, so the changes are visible

Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.

The half year: balance sheet and cashfiled with Q2

This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.

Every quartersame rules, every quarter

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27Q2 FY27
Revenue₹5,588 cr₹5,645 cr₹5,592 cr₹5,728 cr₹5,798 cr₹5,990 cr₹5,960 cr₹6,100 cr₹6,189 cr₹6,554 cr₹6,583 cr₹6,688 cr
YoY———+18%+4%+6%+7%+6%+7%+9%+10%+10%
EBITDA margin20.6%19.1%20.3%19.7%20.4%18.7%19.1%19.2%19.8%19.6%18.7%21.3%
Other income, % of PBT−138%−15%20%9%−2%78%−18%−15%40%15%−44%−4%
Exceptional items————————————
Tax rate74%—21%30%36%15%26%32%22%42%41%27%
Net profit₹45.0 cr₹322 cr₹333 cr₹227 cr₹236 cr₹1,041 cr₹190 cr₹183 cr₹364 cr₹259 cr₹130 cr₹336 cr
YoY———+3%+424%+223%−43%−19%+54%−75%−32%+84%
Core profit YoY———+7%−2%+12%−11%+0%−23%+39%+3%+65%
EPS₹1.57₹11.27₹11.68₹7.97₹8.28₹36.50₹6.67₹6.42₹12.82₹9.24₹4.71₹11.96
Flags·11113✓✓2✓✓1

Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.

Alerts for Tata Communications Ltd.Only when its results land or a check fires. No more than three a day; a digest for the rest. One click to stop.

Questions people ask

What were Tata Communications Ltd. Q2 FY26 results?

Tata Communications Ltd. reported revenue of ₹6,100 cr (+6.5% on the year) and net profit of ₹183 cr (−19.4% on the year) for July to September 2025.

Was Tata Communications Ltd. profit growth driven by the core business?

Profit before other income, exceptional items and tax moved +0.3% on the year, against −19.4% for reported profit.

Are there any red flags in Tata Communications Ltd. Q2 FY26 results?

None of the 7 checks that could run raised a question.

Is this a recommendation?

No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.

Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.

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