Tata Communications announced strong financial performance for the year ended March 31, 2026, with total income reaching ₹25,104.45 crore. The Board of Directors has recommended a final dividend of ₹17.50 per share. The company also announced significant leadership changes, including the appointment of Mr. Vivek Manglik as Executive Vice President, and confirmed the appointment of Deloitte Haskins & Sells as the new Statutory Auditor starting from the 2027 AGM.
Financial Performance for FY26
Tata Communications has demonstrated resilient growth for the financial year ending March 31, 2026. The consolidated financial results highlight total income of ₹25,104.45 crore, compared to ₹23,238.89 crore in the previous fiscal year. Profit for the period was reported at ₹996.85 crore. The Board has rewarded shareholders by recommending a final dividend of ₹17.50 per share, representing a 175% payout on the face value of ₹10 per share.
Strategic Leadership Changes
The company announced key shifts in its senior management team. Mr. Vivek Manglik has been appointed as Executive Vice President – Interaction Fabric, effective May 4, 2026. He brings over three decades of leadership experience to the role. Concurrently, the company announced the retirement of Mr. Mukul Kumar, Head of ESG, effective April 30, 2026.
Auditor Transition
In a significant corporate governance update, the Board of Directors has recommended the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the new Statutory Auditors. This appointment is for a term of five consecutive years, commencing from the conclusion of the 41st Annual General Meeting (AGM) in 2027 and extending until the conclusion of the 46th AGM in 2032, subject to member approval.
Business Segment Highlights
The company continues to see strong momentum in its core data services. Data Services remains the primary revenue driver, contributing ₹21,440.61 crore to the annual consolidated revenue. Other segments, including Voice Solutions and Campaign Registry, also provided steady contributions to the overall portfolio. The consolidated EBITDA for the year reflects the company’s commitment to maintaining operational efficiency amidst global digital transformation initiatives.
Source: BSE