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

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rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Tata Technologies, product engineering and digital services company of the Tata group, has reported a drop of 0.9% year-on-year (YoY) in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/net-profit” target=”_blank”>net profit at Rs 168.6 crore for the third quarter ending December 2024. Profit was helped by improvement in its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/services-business” target=”_blank”>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…



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


rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Tata Technologies, product engineering and digital services company of the Tata group, has reported a drop of 0.9% year-on-year (YoY) in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/net-profit” target=”_blank”>net profit at Rs 168.6 crore for the third quarter ending December 2024. Profit was helped by improvement in its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/services-business” target=”_blank”>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…



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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.

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