Tata Communications reported a consolidated net profit of ₹3,410 crore for the second quarter of FY27, marking an 86.2% increase from the ₹1,830 crore recorded in the corresponding period last year.

The company’s revenue stood at ₹6,688 crore, up 9.6% from ₹6,100 crore in the year-ago quarter. The profit figure exceeded the analyst estimate of ₹3,300 crore by ₹110 crore. Alongside the results, the Board approved the restructuring of its subsidiary Kaleyra and appointed Ms. Ridhi Sood as Company Secretary effective November 1, 2026. The earnings call recording for the quarter and half-year ended September 30, 2026, was uploaded to the company website on October 15, 2026, pursuant to SEBI regulations.

Financial Performance Overview

The following table summarizes the key financial metrics for Q2FY27:

Segment and Operational Highlights

Data revenue grew by 12.2% YoY to ₹5,810 crore, while digital platform revenue expanded by 18.6% YoY to ₹3,016 crore. The Digital Portfolio losses halved from the previous quarter, with margins improving to -3.6%. Absolute EBITDA growth of 21.2% outpaced topline growth, indicating significant margin expansion driven by operational discipline.

Digital Portfolio and Strategic Initiatives

The Digital Portfolio is on a clear path to breakeven, with margins improving from -9.7% in FY25 and -6.9% in Q1FY27 to -3.6% in Q2FY27. The absolute loss narrowed to ₹107 crore in Q2FY27, compared to ₹886 crore in FY25. This improvement underscores the effectiveness of strategic initiatives focused on driving profitability within the digital segment.

The company highlighted its focus on sovereign AI infrastructure, emphasizing secure, compliant data residency for enterprises. Through its Commotion platform, Tata Communications aims to build enterprise-wide context graphs that connect data and workflows, enabling AI agents to deliver specific business outcomes rather than generic responses.

Corporate Governance and Restructuring Updates

The Board of Directors agreed to move its full stake in Kaleyra Inc. to Tata Communications (Netherlands) B.V. (TCNL), a wholly owned subsidiary, to streamline the company structure. This intra-group transaction maintains overall ownership and interest without changing the ultimate beneficial ownership. The aggregate fair market value of the transferred shares is USD 92.625 million.

Additionally, based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Ms. Ridhi Sood as the Company Secretary and Compliance Officer with effect from November 1, 2026. She succeeds Zubin Adil Patel, who signed the current regulatory filings.

What the Numbers Show

While revenue grew by approximately 9.6%, the net profit expanded by nearly 86%. This divergence indicates significant margin expansion or cost efficiencies during the quarter, as profitability grew at a rate roughly nine times faster than topline growth. The result also beat the consensus estimate of ₹3,300 crore by ₹110 crore. Notably, EBITDA margin expansion of 202 basis points to 21.3% was the primary driver behind the disproportionate rise in bottom-line profit. Furthermore, the narrowing of Digital Portfolio losses from -6.9% in Q1FY27 to -3.6% in Q2FY27 contributed directly to the improved EBITDA performance.

Tata Communications has rescheduled its earnings call for the quarter and half-year ended September 30, 2026 (Q2FY27) to 4:00 pm IST on Thursday, October 15, 2026. The session was originally slated for 5:30 pm IST.

The company filed an update with the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This intimation supersedes the earlier letter dated October 8, 2026, confirming the revised timing for the investor interaction.

Call details and registration

Participants are required to pre-register for the webinar to attend the session. Registration remains open until 15 minutes before the call commences. The management commentary will be followed by a Q&A session where attendees can raise questions through the Zoom interface.

Technical requirements for participants

To ensure a seamless experience, Tata Communications advises participants to download the latest version of the Zoom application for their respective devices prior to the event. The company noted that video and audio settings for non-management participants will be disabled by default during the presentation phase.

• Registration Link: Available via the official investor relations portal.
• Q&A Protocol: Participants must use the 'Raise Hand' feature to join the question queue and accept the unmute prompt when called upon.
• Connection: Attendees are requested to join 10 minutes prior to the scheduled start time.