Tata Communications shares gained 3 percent on April 20 after the company recorded strong topline and bottomline numbers for FY23, though there was a pressure on operating profit margin.
The digital ecosystem enabler has recorded a massive 21.2 percent growth in consolidated profit at Rs 1,796 crore for FY23, the highest in its history, compared to the previous year, with a profit margin expansion of 120 bps at 10.06 percent for the year.