Tata Technologies' Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Tata Technologies Ltd reported a 1.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.9%.
- Its expenses for the quarter were up by 5.8% QoQ and 8.8% YoY.
- The net profit decreased 96.0% QoQ and decreased 96.1% YoY.
- The earnings per share (EPS) of Tata Technologies Ltd stood at 0.16 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1397.55 | 1371.53 | 1345.00 | 1.9% | 3.9% |
Total Expenses | 1217.99 | 1150.97 | 1119.31 | 5.8% | 8.8% |
Profit Before Tax | 15.70 | 220.56 | 225.69 | -92.9% | -93.0% |
Tax | 16.33 | 60.37 | 57.55 | -73.0% | -71.6% |
Profit After Tax | 6.64 | 165.50 | 168.64 | -96.0% | -96.1% |
Earnings Per Share | 0.16 | 4.08 | 4.15 | -96.1% | -96.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Tata Technologies Ltd is a prominent player in the engineering and design services sector, primarily serving the automotive, aerospace, and industrial machinery sectors. The company is known for providing comprehensive solutions that encompass product development, digital solutions, and outsourcing services. Tata Technologies is part of the Tata Group, a multinational conglomerate with a significant presence across various industries. As of the latest updates available till October 2023, Tata Technologies has been focusing on expanding its digital services portfolio and enhancing its capabilities in electric and autonomous vehicle development. However, specific recent developments or strategic initiatives beyond this timeframe are not available for further elaboration.
Revenue
For the third quarter of the fiscal year 2026 (Q3FY26), Tata Technologies Ltd reported a total income of ₹1397.55 crores, reflecting a quarter-over-quarter (QoQ) growth of 1.9% compared to ₹1371.53 crores in Q2FY26. On a year-over-year (YoY) basis, the total income increased by 3.9% from ₹1345.00 crores in Q3FY25. This upward trend in revenue indicates steady performance in the company's income generation over the past year, with incremental growth from the previous quarter as well.
Profitability
In terms of profitability, Tata Technologies Ltd reported a significant decline in profit before tax (PBT) for Q3FY26, amounting to ₹15.70 crores. This represents a dramatic decrease of 92.9% QoQ from ₹220.56 crores in Q2FY26 and a 93.0% drop YoY from ₹225.69 crores in Q3FY25. The tax expense for the quarter was ₹16.33 crores, marking a 73.0% reduction QoQ from ₹60.37 crores in the previous quarter and a 71.6% decrease YoY from ₹57.55 crores in the same quarter of the prior year. Consequently, the profit after tax (PAT) saw a sharp decline to ₹6.64 crores, down by 96.0% QoQ from ₹165.50 crores and 96.1% YoY from ₹168.64 crores. Earnings per share (EPS) also reflected this downward trend, recorded at ₹0.16 compared to ₹4.08 in Q2FY26 and ₹4.15 in Q3FY25, both reflecting a 96.1% decline.
Operating Metrics
Analyzing the operating metrics, total expenses for Tata Technologies Ltd in Q3FY26 were ₹1217.99 crores, indicating a 5.8% increase QoQ from ₹1150.97 crores in Q2FY26 and an 8.8% rise YoY from ₹1119.31 crores in Q3FY25. This increase in expenses contrasts with the more modest growth in total income, suggesting that the company faced higher operational or production costs during this period. Despite the increase in revenue, the disproportionate rise in expenses has significantly impacted the profitability metrics, as evidenced by the substantial drops in profit before tax, profit after tax, and earnings per share for the quarter.