Integrated Filing — IndAS

General information about company
Scrip Code	544028
NSE Symbol	TATATECH
MSEI Symbol	NOTLISTED
ISIN	INE142M01017
Name of company	TATA TECHNOLOGIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Where financial results contain both consolidated financial results and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the unaudited consolidated financial results.
Start date and time of board meeting	25-Apr-2025   12:55:00
End date and time of board meeting	25-Apr-2025   15:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-21
Indicate Company website link for updated RPT policy of the Company	https://ttlwebassets.tatatechnologies.com/app/uploads/2025/04/Policy-on-Related-Party-Transactions-1.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not Applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	7617800000	30244700000
	Other income	495500000	4855200000
	Total income	8113300000	35099900000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	3434300000	13546100000
(e)	Finance costs	31400000	127100000
(f)	Depreciation, depletion and amortisation expense	210200000	792300000
(f)	Other Expenses
1	Purchases of technology solutions	1467400000	6877000000
2	Outsourcing and consultancy charges	273700000	834900000
3	Other Expenses	768200000	2820600000
	Total other expenses	2509300000	10532500000
	Total expenses	6185200000	24998000000
3	Total profit before exceptional items and tax	1928100000	10101900000
4	Exceptional items	0	0
5	Total profit before tax	1928100000	10101900000
6	Tax expense
7	Current tax	476600000	1569500000
8	Deferred tax	13200000	41200000
9	Total tax expenses	489800000	1610700000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1438300000	8491200000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1438300000	8491200000
17	Other comprehensive income net of taxes	-7300000	8900000
18	Total Comprehensive Income for the period	1431000000	8500100000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	811300000	811300000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		15752600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.55	20.93
	Diluted earnings (loss) per share from continuing operations	3.54	20.9
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.55	20.93
	Diluted earnings (loss) per share from continuing and discontinued operations	3.54	20.9
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The above audited standalone financial results were reviewed and recommended by the Audit Committee on April 25, 2025 and approved by the Board of Directors at its meeting held on April 25, 2025. The Statutory Auditors have carried out audit of the standalone financial results for the quarter and year ended March 31, 2025 and have issued an unmodified opinion on the same. n n2. The audited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard) Rules, 2015 (as amended) and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. n n3. On April 25, 2025, the Board of Directors have proposed a final dividend of Rs. 8.35 per share and a one-time special dividend of Rs. 3.35 per share in respect of the year ended March 31, 2025. The total proposed dividend for the year ended March 31, 2025, that is the final dividend and one-time special dividend amounts to Rs. 11.70 per share, subject to approval of shareholders at the Annual General Meeting, and if approved, would result in a cash outflow of approximately Rs. 474.63 crore. n n4. Pursuant to the agreement entered into with BMW Holding B.V, the partners have call and put options for purchase / sale of stake in the BMW TechWorks India Private Limited (BTIPL) as defined in the agreement. Accordingly, as per the provisions of IND AS 109, the fair value gain of the call/put option on initial recognition has been recognized on a systematic basis over the period as defined in the agreement. Other income includes an amount of Rs. 8.31 crore for the quarter ended March 31, 2025 and Rs. 16.62 crore for the year ended March 31, 2025. n n5. Where financial results contain both consolidated financial results and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the audited consolidated financial results. n n6. Other income for the year ended March 31, 2025 and year ended March 31, 2024 includes an amount of Rs. 390.01 crore and Rs. 362.36 crore on account of dividend received from subsidiary company. n n7. The figures for the quarter ended 31 March 2025 and 31 March 2024 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and unaudited published year to date figures upto the end of the third quarter of the relevant financial years. n n8. During the financial year 2023-24, the Company made the decision to choose the new tax regime as per section 115BAA of the Income Tax Act, 1961. The effect of this change had been recognised in tax expense for the year ended March 31, 2024 on effective tax basis. This had resulted in an increase in deferred tax expense of Rs. 12.22 crore for the year ended March 31, 2024 on account of remeasurement of deferred tax assets. n n9. The audited standalone financial results for the quarter and year ended March 31, 2025 are available on the Company's website at www.tatatechnologies.com/in and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	1359700000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	443600000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	2189200000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	2595100000
	Total non-current financial assets	4784300000
	Deferred tax assets (net)	379400000
	Other non-current assets	2321500000
	Total non-current assets	9288500000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	6117200000
	Trade receivables, current	5854400000
	Cash and cash equivalents	850000000
	Bank balance other than cash and cash equivalents	588000000
	Loans, current	460700000
	Other current financial assets	340000000
	Total current financial assets	14210300000
	Current tax assets (net)	0
	Other current assets	18213700000
	Total current assets	32424000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	41712500000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	811300000
	Other equity	15752600000
	Total equity attributable to owners of parent	16563900000
	Non controlling interest
	Total equity	16563900000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	555000000
	Total non-current financial liabilities	555000000
	Provisions, non-current	315500000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	1828100000
	Total non-current liabilities	2698600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	326500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2595500000
	Total Trade payable	2922000000
	Other current financial liabilities	434800000
	Total current financial liabilities	3356800000
	Other current liabilities	18499400000
	Provisions, current	182300000
	Current tax liabilities (Net)	411500000
	Deferred government grants, Current	0
	Total current liabilities	22450000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	25148600000
	Total equity and liabilites	41712500000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined employee benefit plans	-9100000	12900000
2	Income tax credit/(expense) relating to above items	2300000	-3200000
	Total Amount of items that will not be reclassified to profit and loss	-6800000	9700000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	500000	800000
5	Total Other comprehensive income	-7300000	8900000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			10101900000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			127100000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-1305700000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-5311700000
	Adjustments for decrease (increase) in other non-current assets			-575500000
	Adjustments for other financial assets, non-current			-210700000
	Adjustments for other financial assets, current			-7600000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			458800000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			5021400000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			792300000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-30000000
	Adjustments for provisions, non-current			47800000
	Adjustments for other financial liabilities, current			83100000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			3900100000
	Adjustments for interest income			407800000
	Adjustments for share-based payments			55100000
	Adjustments for fair value losses (gains)			-47100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-129500000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-150600000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-5490700000
	Net cash flows from (used in) operations			4611200000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1439300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3171900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			100000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			6200000
	Purchase of property, plant and equipment			284600000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			3900100000
	Interest received			354000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-2423800000
	Net cash flows from (used in) investing activities	1551800000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			333300000
	Dividends paid			4164800000
	Interest paid			800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4498900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			224800000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-800000
	Net increase (decrease) in cash and cash equivalents			224000000
	Cash and cash equivalents cash flow statement at beginning of period			626000000
	Cash and cash equivalents cash flow statement at end of period			850000000