Tata Technologies Q2 FY25 Results: Tata group firm's Q2 profit falls nearly 2% to Rs 157 crore

Tata Technologies Ltd connected Monday reported a 1.85 per cent diminution successful consolidated nett aft taxation astatine Rs 157.41 crore successful the archetypal 4th ended September 30, 2024.

The institution had posted a consolidated nett aft taxation of Rs 160.38 crore successful the corresponding play past fiscal, Tata Technologies Ltd (TTL) said successful a regulatory filing.

Consolidated gross from operations successful the 4th nether reappraisal stood astatine Rs 1,296.45 crore arsenic against Rs 1,269.17 crore successful the year-ago period, it added.

Total expenses were marginally higher astatine Rs 1,095.40 crore arsenic compared to Rs 1,085.74 crore successful the aforesaid play past fiscal, the institution said.

"Our Services concern has returned to sequential maturation this 4th with a 2 per cent summation successful revenue," TTL CEO and Managing Director Warren Harris said.

On the outlook, helium said, "Our bid publication and pipeline stay steadfast and combined with the continued affirmative momentum wrong our anchor accounts, we are assured that the 2nd fractional of the fiscal twelvemonth volition amusement a stronger show compared to the archetypal half. The semipermanent fundamentals of our concern stay sound." In a abstracted filing, the institution said it is collaborating with Air India to alteration the latter's craft interiors for delivering an enhanced question experience.