Tata Technologies reported total operating revenue of ₹12,857 crore
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Tata Technologies Ltd announced its financial results for the quarter and year ended March 31, 2025 reporting 12 per cent quarter-on-quarter (q-o-q) growth in net income.
For FY25, the company’s total operating revenue stood at ₹51,685 crore, while operating EBITDA was reported at ₹9,341 crore, with an EBITDA margin of 18.1 per cent. Over the past three years, revenue from operations grew at a compound annual growth rate (CAGR) of 13.6 per cent, and operating EBITDA grew at a 13 per cent CAGR.
The company closed a total of 17 large deals during the year, including one marquee deal exceeding $500 million, two deals valued at over $50 million each, and one deal worth over $20 million. The Board has recommended a final dividend of ₹8.35 per equity share and a special dividend of ₹3.35 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Services segment flat
For the quarter ended March 31, 2025, Tata Technologies reported total operating revenue of ₹12,857 crore. Services segment revenue came in at ₹10,241 crore, marking a 1.1 per cent q-o-q increase. In dollar terms, services segment revenue stood at $118.1 million, remaining flat sequentially on a constant currency basis.
Operating EBITDA for the quarter was ₹2,334 crore, with an EBITDA margin of 18.2 per cent, up from 17.8 per cent in the previous quarter. Net income rose to ₹1,889 crore, up 12.0 per cent q-o-q and 20.2 per cent year-on-year (y-o-y), while the net margin improved to 14.7 per cent, compared to 12.8 per cent q-o-q and 12.1 per cent y-o-y. Last twelve months (LTM) attrition stood at 13.2 per cent, slightly higher than 12.9 per cent in the prior quarter.
Warren Harris, CEO and MD, said, “I am pleased with the way our business performed in fiscal year ’25. Over the year, we closed a total of 17 large deals, which included one marquee deal exceeding $500 million, two $50 million plus deals, and one $20 million-plus deal. We continued strengthening our customer base, with 44 customers now in the million-dollar-plus category. We remain optimistic about medium-to-long-term automotive ER&D spending, driven by sustained innovation in electric, autonomous, and sustainable mobility. Our deep domain expertise, expanded SDV offerings and AI solutions across the product value chain position us well as the sector resets.”
CFO Savitha Balachandran said, “This quarter, we achieved strong profitability and solid cash flow performance despite operating in a demanding environment, through our unwavering and rigorous execution. FY25 represents the fourth consecutive year of margins exceeding 18 per cent. We also achieved the highest cash flows in the company’s history. Moving forward, we remain committed to maintaining operational discipline while making thoughtful investments in talent and capabilities to drive long-term value for our stakeholders.”
Published on April 25, 2025
