Tata Technologies profit dips 0.9% YoY, rises 7% sequentially

Tata Technologies, product engineering and digital services company of the Tata group, has reported a drop of 0.9% year-on-year (YoY) in net profit at Rs 168.6 crore for the third quarter ending December 2024. Profit was helped by improvement in its services business in a seasonally weak environment and global challenges in the electric vehicle (EV) market.