Tata Technologies share price slumped 3.39 per cent, while also hitting its 52-week low at Rs 789 a piece and on the BSE in Wednesday's intraday trade

The Tata Group firm reported a 1% fall in its Q3 consolidated net profit. Profit declined to Rs 169 crore in the last quarter against Rs 170 crore posted in the year-ago period.

Tata Technologies secured four major contracts in Q3 and implemented salary increases, minimizing the 150 basis point impact. Despite a 1.5% decline in automated business, the company showed resilience with a 1.

Tata Technologies is anticipated to report subdued Q3 results, with a decline in both revenue and net profit. The EBIT margin is also expected to narrow, primarily due to the impact of wage hikes.

Tata Technologies reports steady profit growth and new deal wins, focusing on sustainable value creation and innovation.

Tata Technologies net profit for Q3 of the October-December 2024 period is expected to decline by approximately 8% year-on-year, reaching Rs 157 crore, as per Kotak estimates.

The EBITDA margin stood at 17.8% in the reporting quarter versus 18.4% in Q3 FY24. Shares of Tata Technologies Ltd ended at ₹816.75, up by ₹4.30 or 0.53% on the BSE.

Companies such as Tata Technologies and Tata Elxsi are expected to benefit from the ER&D sector quadrupling to as much as $170 billion between 2023 and 2030, India's National Asso

The Tata Group stock ended 0.53% higher at Rs 816.75 on Tuesday against the previous close of Rs 812.45 on BSE.

Tata Technologies reported a 1% YoY decline in consolidated net profit for Q3FY25, earning ₹168.64 crore compared to ₹170.22 crore in the same quarter last year.