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Tata Technologies Limited, a leading global engineering services company, announced the financial results for the quarter ended June 30, 2024. Total operating revenue at ₹12,690 million, up 0.9% YoY and down 2.5% QoQ.Services segment revenue of ₹9,855 million, a decline of 1.0% QoQ. Operating EBITDA at ₹2,311 million; EBITDA margin at 18.2%, vs. 18.4% QoQ.Net income at ₹1,620 million, up 3.1% QoQ.70 bps sequential improvement in net income margin to 12.8%.80 bps sequential improvement in [LTM] attrition to 13.7%.Five strategic deal wins across automotive and aerospace. Watch exclusive interview with Warren Harris, CEO & MD, Tata Technologies on Q1 results and future growth plans.
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