Board approves Sep 30, 2026 results, Kaleyra shareholding transfer, new Company Secretary
Unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026 approved; auditors S.R. Batliboi & Associates, LLP issued a Limited Review Report with an unmodified opinion.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 6,687.89 | 6,099.75 | +9.6% | 6,582.82 | +1.6% |
| Total income | 6,704.30 | 6,082.51 | +10.2% | 6,595.76 | +1.6% |
| Profit before tax | 462.90 | 254.64 | +81.8% | 211.38 | +119% |
| Profit after tax | 335.61 | 183.21 | +83.2% | 129.72 | +159% |
| Total comprehensive income | 351.55 | 265.04 | +32.6% | 93.17 | +277% |
| Basic EPS | 11.96 | 6.42 | +86.3% | 4.71 | +154% |
- PAT YoY Growth
- +83.2%
- Period
- For the quarter ended September 30 2026
Also decided at the meeting
- Approved transfer of the Company's entire shareholding in Kaleyra, Inc. to wholly-owned subsidiary Tata Communications (Netherlands) B.V., against subscription to TCNL ordinary shares at fair market value.
- Appointed Ms. Ridhi Sood (Membership No. A36109) as Company Secretary (KMP) and Compliance Officer with effect from November 1, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional items of ₹ (36.54) crores for the quarter relate to staff cost optimization; prior quarter (106.36) included fire damage (30.10) and contractual provision (50.00).
- DOT demand notices aggregating ₹ 7,844.57 crores (FY 2005-06 to FY 2024-25); ₹ 7,513.71 crores included as contingent liability, ₹ 276.68 crores treated as remote.
- Foreign subsidiary VAT and penalty assessments of ₹ 365.80 crores (EUR 33.6 Mn) treated as contingent liability; National Court judgment awaited.
- Discontinued operations: loss of control of a foreign subsidiary in April 2025; loss on sale of subsidiary ₹ (42.19) crores in half year ended September 30, 2025.
Tata Communications' board met on October 15, 2026 and approved three things: the unaudited results for the quarter and half year ended September 30, 2026, a step to move its Kaleyra, Inc. holding under a wholly-owned subsidiary, and a new Company Secretary.
Financial results approved
The Board approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026. The statutory auditors, M/s. S.R. Batliboi & Associates, LLP, have issued a Limited Review Report with an unmodified opinion on these results, which means the auditors did not qualify the numbers. A press release in this regard was also issued.
Consolidated figures for the quarter ended September 30, 2026 (₹ in crores): Income from operations 6,687.89, Total income 6,704.30, Profit before tax and share in profit of associates 462.90, and Profit for the period 335.61. Basic earnings per share from continuing operations was 11.96.
For the half year ended September 30, 2026 (consolidated, ₹ in crores): Income from operations 13,270.71, Total income 13,300.06, and Profit for the period 465.33.
Kaleyra, Inc. shareholding moved under TCNL
The Board approved the transfer of the entire shareholding held by the Company in Kaleyra, Inc. to Tata Communications (Netherlands) B.V. (TCNL), a wholly-owned subsidiary of the Company.
As consideration for the transfer, the Company shall subscribe to and acquire ordinary shares of TCNL at fair market value, as determined pursuant to an independent valuation report.
The stated intent is to simplify the Company's existing group structure by consolidating ownership of Kaleyra, Inc. under TCNL, without any change in the ultimate ownership and beneficial economic interest of the Company in Kaleyra, Inc. and its subsidiaries.
Company Secretary and Compliance Officer
Based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Ms. Ridhi Sood (Membership No. A36109) as the Company Secretary (Key Managerial Personnel) and Compliance Officer of the Company with effect from November 1, 2026.
The Company Secretary is authorised to determine materiality of an event or information and for making disclosures to stock exchanges.
What to take away
- The results carry a Limited Review Report with an unmodified opinion.
- The Kaleyra, Inc. step moves a holding between the Company and its wholly-owned subsidiary, described as a group-structure simplification with no change in ultimate ownership and beneficial economic interest.
- The Company Secretary and Compliance Officer changes with effect from November 1, 2026.
Also from Tata Communications
14,916 RSUs granted to eligible employees under Stock Unit Plan 2023
23 Oct 2026
Commercial Paper of ₹300 crore issued, allotted and listed on NSE
23 Oct 2026
Tata Communications files transcript of October 15, 2026 earnings call on Q2/H1 FY2026 results
22 Oct 2026
More numbers
- Consolidated Income from operations, half year (₹ in crores)13,270.71 crore
- Consolidated Total income, half year (₹ in crores)13,300.06 crore
- Consolidated Profit for the period, half year (₹ in crores)465.33 crore
- Total income, latest quarter6,704.30 (₹ in crores)
- Total income, year-ago quarter6,082.51 (₹ in crores)
- Total income, previous quarter6,595.76 (₹ in crores)
- Total comprehensive income, latest quarter351.55 (₹ in crores)
- Total comprehensive income, year-ago quarter265.04 (₹ in crores)
- Total comprehensive income, previous quarter93.17 (₹ in crores)
- Profit after tax, latest quarter335.61 (₹ in crores)
- Profit after tax, year-ago quarter183.21 (₹ in crores)
- Profit after tax, previous quarter129.72 (₹ in crores)
- Revenue from operations, latest quarter6,687.89 (₹ in crores)
- Revenue from operations, year-ago quarter6,099.75 (₹ in crores)
- Revenue from operations, previous quarter6,582.82 (₹ in crores)
- Profit before tax, latest quarter462.90 (₹ in crores)
- Profit before tax, year-ago quarter254.64 (₹ in crores)
- Profit before tax, previous quarter211.38 (₹ in crores)
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