Tata Communications has appointed Narottam Sharma as Executive Vice President and Chief Transformation Officer, effective September 21, 2026, to drive its digital transformation agenda. The appointment, approved by the Board of Directors, aims to leverage Sharma's expertise in AI-led operating model redesign and large-scale process reengineering to accelerate innovation and support the company's next phase of growth.

Sharma joins tata communications from Jubilant FoodWorks, where he served as Chief Information Officer. His career spans over two decades, including senior transformation leadership roles at Mastek and Sterlite. At Mastek, he drove a multi-track enterprise transformation agenda, while at Sterlite, he led enterprise-wide technology and business transformation initiatives.

Executive Profile

The following table outlines the key details of the appointment:

Sharma holds an MBA degree from MDI, Gurgaon, and a Bachelors in Information System from Birla Institute of Technology & Science, Pilani. His experience includes leading cross-functional transformations spanning core business operations, supply chain, and corporate functions.

Strategic Implications

Ganesh Lakshminarayanan, MD & CEO of Tata Communications, highlighted the strategic value of the appointment, stating that Sharma's ability to connect technology with business outcomes will be crucial for the company. Sharma will be a part of the Global Management Committee, reporting directly to the leadership team.

The appointment is subject to regulatory compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Detailed disclosures regarding the change in senior management personnel have been submitted to the stock exchanges.

Tata Communications has outlined plans to achieve double-digit EBITDA growth in FY27, even as the company reported a 10.5% year-on-year increase in consolidated revenue to ₹6,583 crore for the quarter ended June 30, 2026 (Q1 FY27), driven by growth in its digital portfolio. However, consolidated net profit declined 43.9% to ₹130 crore from ₹232 crore in the corresponding period of the previous year, impacted by exceptional items including provisions for accidental damages and contractual obligations.

Financial Performance at a Glance

The following table summarises the key financial metrics for Q1 FY27 on a year-on-year basis:

Revenue Growth and Segment Performance

Tata Communications recorded consolidated revenue of ₹6,583 crore in Q1 FY27, up from ₹5,960 crore in the year-ago period. The Data Services segment, which includes core connectivity and digital platforms, was the primary driver, with revenue rising to ₹5,704 crore from ₹5,152 crore. The Digital Portfolio revenue grew 17.10% year-on-year to ₹2,940 crore. Transformation Services revenue stood at ₹195 crore, while Voice Solutions revenue declined to ₹382 crore from ₹395 crore.

Profitability and Exceptional Items

Consolidated net profit for the quarter stood at ₹130 crore, a decrease from ₹232 crore in the previous year. This decline was attributed to exceptional items totaling ₹106.36 crore, which included a one-time charge of ₹44.78 crore for staff cost optimization, a provision of ₹30.10 crore for accidental damages at a co-located data centre, and a provision of ₹50 crore for contractual obligations. Normalised EBITDA for the quarter was reported at ₹1,281 crore with a margin of 19.40%.

FY27 Growth Outlook

Looking ahead, Tata Communications has stated plans to achieve double-digit EBITDA growth in FY27. The company's focus on expanding its digital portfolio, which posted 17.10% year-on-year growth in Q1 FY27, is expected to remain a key pillar of this growth strategy.

Regulatory Disclosures and Auditor's Report

The Board of Directors approved the financial results on July 22, 2026. M/s. S.R. Batliboi & Associates, LLP, Statutory Auditors, issued a Limited Review Report with an unmodified opinion. The company disclosed that it has received 'Show Cause-cum Demand Notices' from the Department of Telecommunications aggregating to ₹7,844.57 crore, of which ₹7,513.71 crore has been recorded as a contingent liability.