Tata Technologies Limited (BSE: 544028, NSE: TATATECH), a global leader in product engineering and digital services, has announced its financial results for Q4 FY25. For the quarter ending March 31, 2025, the company reported significant growth in revenue, EBITDA, and net income. The company also highlighted key business wins, including several major deals, as it remains optimistic about the future of automotive engineering and digital transformation.
FY25 Full-Year Financial Results
Tata Technologies achieved a total operating revenue of ₹51,685 million for the fiscal year 2025. The company’s operating EBITDA stood at ₹9,341 million, with an EBITDA margin of 18.1%. Over the last three years, Tata Technologies has experienced a compound annual growth rate (CAGR) of 13.6% in revenue from operations, with a 13% CAGR in operating EBITDA.
Significant Business Wins
The company closed 17 large deals in FY25, including one major deal exceeding $500 million, two deals above $50 million, and another over $20 million. This strong deal pipeline highlights Tata Technologies’ growing influence in the global market. The board also recommended a final dividend of ₹8.35 per equity share, along with a special dividend of ₹3.35 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Q4 FY25 Performance Highlights
For Q4 FY25, Tata Technologies reported an operating revenue of ₹12,857 million. The services segment revenue amounted to ₹10,241 million, reflecting a 1.1% increase compared to the previous quarter. In U.S. dollar terms, services segment revenues were $118.1 million, which remained flat sequentially on a constant currency basis.
The company posted an operating EBITDA of ₹2,334 million, with an EBITDA margin of 18.2%, slightly up from the previous quarter’s 17.8%. Net income for the quarter reached ₹1,889 million, showing a 12% increase from the previous quarter and a 20.2% increase year-on-year. The net margin stood at 14.7%, a marked improvement from 12.8% in the previous quarter and 12.1% year-on-year.
Talent Retention and Attrition Rate
Tata Technologies reported a slight increase in attrition, with the last twelve months (LTM) attrition rate at 13.2%, up from 12.9% in the previous quarter. Despite this, the company continues to focus on talent retention and development as it builds a skilled workforce to support its growing portfolio.
Leadership Statements
Warren Harris, CEO and Managing Director of Tata Technologies, expressed satisfaction with the company’s performance in FY25. He highlighted the 17 large deals closed during the year, including several marquee projects exceeding $500 million. Harris remains confident about the long-term outlook for the automotive engineering and R&D (ER&D) sectors, particularly driven by innovations in electric, autonomous, and sustainable mobility. Tata Technologies’ deep domain expertise, expanded software-defined vehicle (SDV) offerings, and AI solutions across the product value chain place the company in a strong position for continued growth.
Savitha Balachandran, Chief Financial Officer, also shared her perspective on the company’s financial strength. She noted that FY25 marked the fourth consecutive year of maintaining margins above 18%, alongside achieving record cash flows. Balachandran emphasized Tata Technologies’ commitment to operational discipline, prudent investments in talent, and ongoing efforts to drive long-term value for its stakeholders.
Strategic Collaborations and New Initiatives
Tata Technologies continues to strengthen its position as a leader in the automotive and digital services industries. The company is collaborating with a major global automotive Tier 1 supplier to develop advanced software applications for optimizing energy distribution across multiple battery packs in commercial vehicles.
In another notable project, Tata Technologies has been tasked by an Asian automotive OEM with designing and developing interior and exterior trims for a facelift vehicle program. The company is also leading a simultaneous engineering project for the OEM.
Additionally, Tata Technologies has been entrusted with establishing an offshore development center for a leading global automotive manufacturer. This center will support the OEM in product engineering, embedded software, and digital enterprise services.
Tata Technologies is also making strides in the electric vehicle (EV) sector. The company has been engaged by a prominent North American EV manufacturer to enhance its ERP systems, drive digital transformation, and improve supply chain transparency.
Education and Community Impact
In the education sector, Tata Technologies is partnering with the government of Uttar Pradesh to upgrade 62 Industrial Training Institutes (ITIs) in the state, helping to improve technical education and workforce readiness. The company has also signed a Memorandum of Understanding (MOU) with RV College of Engineering to establish a Center for Invention, Innovation, Incubation & Training (CIIIT), aimed at fostering innovation and developing new talent.
