Tata Technologies profit dips 0.9% YoY, rises 7% sequentially

Share via:


Tata Technologies, product engineering and digital services company of the Tata group, has reported a drop of 0.9% year-on-year (YoY) in net profit at Rs 168.6 crore for the third quarter ending December 2024. Profit was helped by improvement in its services business in a seasonally weak environment and global challenges in the electric vehicle (EV) market.The profit stood at Rs 170.2 crore in December quarter 2023 helped by growth in services revenue. Sequentially, the profit rose 7.1% from Rs 157.4 crore in the September quarter of the ongoing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Tata Technologies profit dips 0.9% YoY, rises 7% sequentially


Tata Technologies, product engineering and digital services company of the Tata group, has reported a drop of 0.9% year-on-year (YoY) in net profit at Rs 168.6 crore for the third quarter ending December 2024. Profit was helped by improvement in its services business in a seasonally weak environment and global challenges in the electric vehicle (EV) market.The profit stood at Rs 170.2 crore in December quarter 2023 helped by growth in services revenue. Sequentially, the profit rose 7.1% from Rs 157.4 crore in the September quarter of the ongoing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Bybit releases blacklisted wallets API to aid recovery program

Bybit is offering a bounty of up to...

This mental health chatbot aims to fill the counseling...

As school districts struggle to support the mental...

CrisprBits: Biotech startup CrisprBits develops platform to test antibiotic...

CrisprBits, a Bengaluru-based biotech startup, has developed a...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!