Tata Communications reported strong performance for the financial year ended March 31, 2026. The Board recommended a final dividend of ₹17.50 per share. The company saw robust double-digit growth in its digital portfolio and finalized several leadership changes, including the appointment of Vivek Manglik as Executive Vice President – Interaction Fabric. Additionally, Deloitte Haskins & Sells Chartered Accountants LLP was recommended as the new statutory auditor for a five-year term starting in 2027.
Financial Highlights
For the fiscal year ended March 31, 2026, Tata Communications achieved a total income of ₹25,104.45 crore. The company’s consolidated net profit for the year stood at ₹996.85 crore. Performance was bolstered by a significant digital portfolio, with Data Services continuing to be a major contributor, recording a yearly revenue of ₹21,440.61 crore. The Board has recommended a final dividend of ₹17.50 per share (a 175% payout on a face value of ₹10) for the financial year, subject to shareholder approval.
Strategic Leadership Changes
The company announced key shifts in its leadership team. Mr. Vivek Manglik has been appointed as the Executive Vice President – Interaction Fabric, effective May 4, 2026. Bringing over three decades of experience in the telecommunications sector, he is expected to lead the evolution and scale of the company’s interaction portfolio. Simultaneously, the company noted the retirement of Mr. Mukul Kumar, Head of ESG, effective April 30, 2026.
Auditor Transition
In a move to refresh its statutory audit oversight, the Board of Directors, based on the recommendation of the Audit Committee, has proposed the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the new statutory auditors. This appointment is for a term of five consecutive years, beginning from the conclusion of the 41st Annual General Meeting (AGM) in 2027 and continuing through the conclusion of the 46th AGM in 2032.
Commitment to AI and Growth
The company continues to focus on its digital-first strategy, with leadership emphasizing the inherent strength of its unified, scalable digital infrastructure. Key deal wins in network transformation, multi-cloud connectivity, and employee interaction capabilities underscore the company’s commitment to supporting global enterprises in the AI era.
Source: BSE
