Tata Technologies

Good Numbers by TATA TECH

• Total operating revenue up 14.7% YoY and up 1.6% QoQ to ₹12,895 million

• Services revenues were up 5.8% YoY

• Continued improvement in the customer ramp-up activity, with 39 customers now in the
  million-dollar-plus revenue bucket compared with 34 at the end of Q3 FY23

• Operating EBITDA at ₹2,366 million. Operating EBITDA margin at 18.3%, a 140-bps increase
  QoQ driven by improved Services gross margins

• Net income at ₹1,702 million; Net margin at 13.2%

• Net headcount addition of 172; Workforce strength of 12,623