Tata Technologies drops as Q2 PAT slides 5.2% QoQ
Mumbai, Oct. 15 -- On a consolidated basis, the company reported a 3.6% YoY increase in net income to Rs 171.4 crore and a 28.4% rise in revenue from operations to Rs 1,698.8 crore in Q2 FY27.
Sequentially, net income declined 5.2%, while revenue increased 2.1% during the quarter.
Profit before tax stood at Rs 241.7 crore in Q2 FY27, down 4.0% vs Q1 FY27 and up 7.0% vs Q2 FY26.
Gross profit increased 31.6% YoY to Rs 473.8 crore from Rs 359.9 crore. The gross margin improved to 27.9% from 27.2% in the year-ago quarter.
Operating EBITDA increased 31.5% YoY to Rs 273.3 crore from Rs 207.8 crore. The operating EBITDA margin improved to 16.1% from 15.7% a year earlier.
Revenue from the Services segment increased 33.9% YoY to Rs 1,355.7 cr...
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