Tata Technologies Ltd.

BSE: 544028 | NSE: TATATECH
Small Cap | IT - Software
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Tata Technologies reports 15% fall in Q1 consolidated net profit

Date: 19-07-2024

Tata Technologies has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported over 6-fold jump in its net profit at Rs 479.77 crore for the quarter ended June 30, 2024 as compared to Rs 79.73 crore for the same quarter in the previous year. Total income of the company increased by 71.12% at Rs 1,125.01 crore for Q1FY25 as compared to Rs 657.45 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 15.40% fall in net profit at Rs 162.03 crore for Q1FY25 as compared to Rs 191.53 crore for the same quarter in the previous year. However, total income of the company increased by 0.28% at Rs 1,291.97 crore for Q1FY25 as compared to Rs 1288.40 crore for the corresponding quarter previous year.