Tata Tech Profit Soars 270% QoQ, Eyes Strong Q4

Tata Technologies has announced a substantial increase in its financial performance, with net profit soaring to ₹616 crore in the recent quarter, a significant leap from ₹165.5 crore in the preceding period. Revenue also demonstrated growth, climbing to ₹1,366 crore, marking a 3.3% increase quarter-on-quarter. The company's services segment was a key contributor, with revenue reaching ₹1,060 crore.

Looking ahead, Chief Executive Officer Warren Harris anticipates a sharp acceleration in the fourth quarter, projecting sequential revenue growth exceeding 10%. This optimism stems from strong vertical performance, six strategic deal wins, and continued investment in delivery capabilities. Harris highlighted the transformative impact of structural changes, including portfolio diversification and the Es-Tec acquisition, on the company's growth engine.