India's Tata Technologies beats Q3 profit view on services, tech boost
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
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Source: Reuters
Tata Technologies Reports Earnings: Tata Technologies reported a third-quarter profit of 1.69 billion rupees, slightly down from the previous year but above analysts' expectations, driven by demand in its services and technology segments.
Growth in Engineering Services: The company's revenue rose 2% to 13.17 billion rupees, with significant contributions from engineering, research, and design services, which are projected to grow substantially in the coming years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
