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The Economic Times

Deal wins make us extremely bullish for FY2025: Warren Kevin Harris, Tata Tech



Warren Kevin Harris, CEO & MD, Tata Technologies, says our services revenues in Q3 were impacted by the transition that is going on with one of our customers in Southeast Asia. We are at the tail end of the development of two electric vehicles for one of our customers and we are transitioning from the engineering work to launch support. So, the headcount is reducing. It commenced in Q2, accelerated in Q3 and we will likely be done with that transition in Q4. We expect some of that to continue in Q4, but given the deal wins and the order book that we have taken into next year, we are extremely bullish for the fiscal year 2025.

This article is published by The Economic Times

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