Tata Technologies in its latest filing had reported a 28% decline in consolidated net profit. In its latest quarters ended march 31,2004 consolidated net proft was around ₹ 157 cores which is ₹ 50 Crores lesser than the previous quarter. If you look the figures in terms of percentage then it would be roughly 28%.
Revenue from Operations in Q4FY23 is around ₹ 1400 Crores and if you look at the revenue for latest quarter i.e. Q4FY24 the revenue from operation is ₹ 1,301 crore. It is very much evident that revenue from operations has decreased by almost ₹ 100 crores and if you calculate the same in terms of percentage that would be around 7%.
Tata Technologies Dividend 2024 :
Tata Technologies Board has given nod and announced dividend for the financial year 2024. They have approved final dividend of ₹ 8.40 and along with that they have approved special dividend of ₹ 1.65 apiece. We hope you guys know what is the face value of Tata technologies share. For those who don’t know about Tata Technologies Share Face Value here is the answer :
Tata Technologies Share Face Value : ₹ 2
Warren Kevin Harris : New CEO and Managing Director
Another important thing “Tata Technologies” board has mentioned in its filing is they have re-appointed Warren Kevin Harris as CEO and Managing Director for a term of 3 years and 6 months. To be precise, he would take charge as CEO from September 9, 2024 and his term would end on March 8, 2028.
Tata Technologies [ TATATECH], a stock related to Information Technology which was listed on Stock Market recently i.e. on November 30, 2023. Market Cap of the company is around ₹ 44015 Crore.
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