Tata Technologies Q4 earnings: The quarterly results were released aft marketplace hours connected Friday. Earlier, Tata Tech shares closed down 3.34% astatine Rs 693.25, reflecting a year-to-date diminution of 22.19%.
Tata Technologies shares are successful news connected Monday aft nan Tata Group patient reported a 20.12% emergence successful consolidated nett profit to Rs 188.87 crore for nan 4th quarter. Net profit came astatine Rs 157.24 crore successful nan aforesaid 4th past year. Revenue from operations successful Q4 fell 1.18% to Rs 1,285.65 crore against Rs 1,301.05 crore successful nan corresponding play of nan erstwhile year.
Total expenses for nan March 2025 4th slipped 0.57% year-on-year to Rs 1,088.20 crore.
The company's Board has projected a last dividend of Rs 8.35 on pinch a one-time typical dividend of Rs 3.35, totaling Rs 11.70 per equity stock for nan financial twelvemonth ending March 31, 2025. If nan dividend is approved astatine nan Annual General Meeting (AGM), it will beryllium paid wrong nan statutory timeframe of 30 days pursuing nan AGM, resulting successful an estimated rate outflow of astir Rs 474.63 crore.
The quarterly results were released aft marketplace hours connected Friday. Earlier, Tata Tech shares closed down 3.34% astatine Rs 693.25, reflecting a year-to-date diminution of 22.19%.
For nan afloat financial twelvemonth FY25, Tata Technologies reported a profit of Rs 676.95 crore against Rs 679.37 crore successful nan erstwhile year. The world merchandise engineering and integer services patient reported a consolidated full income for nan twelvemonth Rs 5,292.58 crore, compared to Rs 5,232.75 crore successful FY24.
The firm's CEO and managing head Warren Harris said, “Over nan year, we closed a full of 17 ample deals which included 1 marquee woody exceeding $500 million, 2 $50 cardinal positive deals, and 1 $20 million-plus deal. We continued strengthening our customer base, pinch 44 customers now successful nan million-dollar-plus category.”
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: Apr 28, 2025 8:46 AM IST