Net profit for the quarter stood at ₹189 crore, which is higher than ₹157 crore in the same quarter last year.
Revenue came in at ₹1,286 crore, which is marginally lower than ₹1,301 crore reported in the same quarter last year.
Tata Tech’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at ₹233.5 crore, which is a 2.7% drop, compared to the March quarter last year.
EBITDA margin for the quarter narrowed to 18.2% from 18.5% last year.
Tata Technologies recommended a final dividend of ₹8.35 and one-time special dividend of ₹3.35, aggregating to ₹11.70 per equity share of ₹2 each for the financial year ended March 31, 2025.
The dividend, if approved at the Annual General Meeting (AGM), will be paid within 30 days from the conclusion of the AGM.
Ahead of the earnings announcement, shares of Tata Technologies settled 3.51% lower on Friday to ₹692. The stock is well below its listing day peak of ₹1,400 but remains above its IPO price of ₹500. Tata Technologies was the first Tata Group IPO in two decades, having made its stock market debut late last year.
On a year-to-date basis, the stock has fallen 22%.
