Tata Technologies Q3 Net Profit Jumps to ₹616 Crore on Strong Services Growth

• Tata Technologies reported a net profit of ₹616 crore in Q3, a significant increase from ₹165.5 crore QoQ.
• Revenue rose 3.3% quarter-on-quarter to ₹1,366 crore, driven by a strong services segment.
• The services segment contributed ₹1,060 crore, marking a 4.7% QoQ rise, with $118.6 million in USD terms.
• EBITDA declined 7% QoQ to ₹193 crore, and operating margin stood at 14.1%.
• The company expects a sharp acceleration in Q4 with over 10% sequential revenue growth, citing strategic deal wins and portfolio diversification.

Why It Matters: Tata Technologies saw a substantial Q3 net profit surge, fueled by robust services performance and strategic growth initiatives.