India's Tata Technologies misses revenue expectations as EV demand slows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 25 2025
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Should l Buy ?
Source: Reuters
Tata Technologies Revenue Decline: Tata Technologies reported a 1.2% drop in consolidated revenue to 12.86 billion rupees for the fourth quarter, falling short of analyst expectations due to slowing global demand for electric vehicles and challenges in the auto sector.
Net Profit Increase Amid Challenges: Despite the revenue decline, the company's net profit increased to 1.89 billion rupees, supported by higher other income, while shares fell 3.4% prior to the earnings announcement.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
