Advertisement
Tata Technologies Q2 Results | Revenue Up 2% at ₹1,296 Crore, EBITDA Grows 10%

Tata Technologies Q2 Results | Revenue Up 2% at ₹1,296 Crore, EBITDA Grows 10%

Siddharth Zarabi
Siddharth Zarabi
  • New Delhi ,
  • Oct 29, 2024,
  • Updated Oct 29, 2024, 5:05 PM IST

 

Tata Technologies reported its Q2 financials for the quarter ending September 30, 2024, with consolidated net profit at ₹157 crore, a 2% decline from ₹160 crore in the same period last year. However, revenue from operations grew by 2% YoY, reaching ₹1,296 crore. The company’s operating EBITDA rose by 10% to ₹235 crore, with EBITDA margins improving to 18.2%. CEO & MD Warren Harris highlighted a 2% sequential increase in their Services business revenue and a strong order pipeline, expressing confidence in stronger performance for the fiscal year’s second half. Watch Warren Harris discuss Tata Tech’s Q2 results and future growth plans.

Post a comment0