Business
Tata Technologies Q1 Results: Profit rises 6% to Rs 180 crore
The company had posted a consolidated profit after tax (PAT) of Rs 170.28 crore in the corresponding quarter of the previous fiscal year, Tata Technologies Ltd said in a regulatory filing.
Consolidated revenue from operations during the quarter was at Rs 1,664.63 crore as compared to Rs 1,244.29 crore in the year-ago period, it added.
Total expenses in the fourth quarter were higher at Rs 1,459.38 crore as compared to Rs 1,080.11 crore in the year-ago period, it added.
Tata Technologies CEO and Managing Director Warren Harris said, “The demand environment remains constructive, reflected in healthy activity across our strategic growth areas, a robust pipeline of large opportunities, improving deal conversion, and greater visibility across key customer programs.”
Combined with our ongoing investments in AI, disciplined focus on operational efficiency, and continued portfolio diversification, he said, “We believe we are well positioned to deliver strong double-digit organic revenue growth in FY27.”
The company said it secured a USD 100 million strategic partnership with Tenneco, covering engineering, digital, and business process transformation, leveraging AI and automation to drive greater efficiency, scalability, and business outcomes across the delivery model.
Further, a leading Japanese automotive OEM has selected the company for a full vehicle engineering programme, reinforcing our end-to-end vehicle engineering credentials, marking a scaled entry into the Japanese market while strengthening our Asia footprint, it added.
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