Tariff flip-flop hits deals; 25% margin guidance intact

The company's take on US tariff uncertainty is key, with 58% of its data revenue from global markets

- Jatin Grover

Global tariff uncertainty has made customers cautious and led to deferring closure of some deals from the January-March quarter to the current one, Tata Communications said on Wednesday. The company, however, did not see any deal cancellations and said its order book is strong. "We are not directly impacted (tariff uncertainty). We anticipate indirect implications for us when customers take a cautious approach," Amur Lakshminarayanan, MD and CEO of Tata Communications, told analysts at a call to discuss the January-March quarter earnings.