Revenue from operations rose marginally to Rs 1,301.05 crore in Q4 FY24 as compared with Rs 1,289.45 crore in Q3 FY24.
On year on year (YoY) basis, the company’s net profit and revenue declined 27.39% and 7.23%.
Operating EBITDA jumped 1.4% to Rs 242.7 crore in Q4 FY24 as compared with Rs 236 crore in Q3 FY24. Operating EBITDA margin reduced to 15.5% in Q4 FY24 as against 16.2% in Q3 FY24.
Revenue from services segment was down 0.6% QoQ and 2.2% YoY to Rs 974 crore.
During the quarter, LTM stood at 14.5% as against 15.4% in Q3 FY24.
In dollar terms, total operating revenue stood at $ 156.6 million, up 12% QoQ. Services segment revenues came in at $120.2 million. In constant currency services, revenue down 1% QoQ.
Warren Harris CEO and MD, Tata Technologies, said, “We ...
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