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	Consolidated
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	Multi segment
Description of single segment
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

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	Consolidated	Consolidated
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	12856500000	51684500000
	Other income	570800000	1241300000
	Total income	13427300000	52925800000
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	6262700000	24889300000
(e)	Finance costs	48100000	196300000
(f)	Depreciation, depletion and amortisation expense	311500000	1212100000
(f)	Other Expenses
1	Purchases of technology solutions	2033100000	8997100000
2	Outsourcing and consultancy charges	1010100000	3904200000
3	Other expenses	1216500000	4553400000
	Total other expenses	4259700000	17454700000
	Total expenses	10882000000	43752400000
3	Total profit before exceptional items and tax	2545300000	9173400000
4	Exceptional items	0	0
5	Total profit before tax	2545300000	9173400000
6	Tax expense
7	Current tax	819300000	3259600000
8	Deferred tax	-127100000	-815100000
9	Total tax expenses	692200000	2444500000
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	1853100000	6728900000
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	35600000	40600000
16	Total profit (loss) for period	1888700000	6769500000
17	Other comprehensive income net of taxes	337500000	803300000
18	Total Comprehensive Income for the period	2226200000	7572800000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1888700000	6769500000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	2226200000	7572800000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
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		34982900000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.66	16.69
	Diluted earnings (loss) per share from continuing operations	4.65	16.66
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	4.66	16.69
	Diluted earnings (loss) per share from continuing and discontinued operations	4.65	16.66
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		The above audited consolidated results were reviewed and recommended by the Audit Committee on 25 April 2025 and approved by the Board of Directors at its meeting held on 25 April 2025. The Statutory Auditors have audited the consolidated financial results for the quarter and year ended 31 March 2025 and have issued an unmodified opinion on the same. n nThese audited consolidated financial results have been prepared in accordance with Indian Accounting Standard 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 nPursuant to the agreement entered into with BMW Holding B.V. the partners have call and put options for purchase or sale of stake in the BMW TechWorks India Private Limited as defined in the agreement. Accordingly as per the provisions of IND AS 109 the fair value gain of the call or 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 31 March 2025 and Rs 16.62 crore for the year ended 31 March 2025. n nThe above audited consolidated financial results include 13 wholly owned subsidiaries and one associate as on 31 March 2025. n nThe 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 nDuring the financial year 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 31 March 2024 on effective tax basis. This had resulted in an increase in deferred tax expense of Rs 12.22 crore for the year ended 31 March 2024 on account of remeasurement of deferred tax assets. n nOn 25 April 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 31 March 2025. The total proposed dividend for the year ended 31 March 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 nThe audited consolidated results for the quarter and year ended 31 March 2025 are available on the Company website at www.tatatechnologies.com 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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2608500000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	8180900000
	Other intangible assets	513100000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	40700000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	2834300000
	Total non-current financial assets	2834300000
	Deferred tax assets (net)	3415200000
	Other non-current assets	2321500000
	Total non-current assets	19914200000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	6117200000
	Trade receivables, current	10055500000
	Cash and cash equivalents	6674900000
	Bank balance other than cash and cash equivalents	2350800000
	Loans, current	504500000
	Other current financial assets	468900000
	Total current financial assets	26171800000
	Current tax assets (net)	509100000
	Other current assets	20047200000
	Total current assets	46728100000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	66642300000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	811300000
	Other equity	34982900000
	Total equity attributable to owners of parent	35794200000
	Non controlling interest	0
	Total equity	35794200000
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	1862000000
	Total non-current financial liabilities	1862000000
	Provisions, non-current	328000000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	1828100000
	Total non-current liabilities	4018100000
	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	4440700000
	Total Trade payable	4767200000
	Other current financial liabilities	720800000
	Total current financial liabilities	5488000000
	Other current liabilities	19386000000
	Provisions, current	267400000
	Current tax liabilities (Net)	1688600000
	Deferred government grants, Current	0
	Total current liabilities	26830000000
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	30848100000
	Total equity and liabilites	66642300000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Services segment	10240700000	40273600000
2	Technology solutions segment	2615800000	11410900000
	Total Segment Revenue	12856500000	51684500000
	Less: Inter segment revenue	0	0
	Revenue from operations	12856500000	51684500000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Services segment	3475300000	13039100000
2	Technology solutions segment	511600000	2080200000
	Total Profit before tax	3986900000	15119300000
	i. Finance cost	48100000	48100000
	ii. Other Unallocable Expenditure net off Unallocable income	1357900000	1357900000
	Profit before tax	2580900000	9214000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Services segment	0	0
2	Technology solutions segment	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Services segment	0	0
2	Technology solutions segment	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block

Textual Information(2)

IndAS 108 establishes standards for the way that business enterprises report information about operating segments and related disclosures about products and services, geographic areas, and major customers. n nThe chief operating decision maker reviews the performance of the Group on the basis of its vertical business units. Accordingly, the Group reportable segments are its vertical business units of Services and Technology Solutions.The Group chief operating decision maker are the Board of Directors of the company. n nThe service segment include providing outsourced engineering and designing services and digital transformation services to global manufacturing clients and technology solution segment contains academia upskilling and reskilling solutions and value added reselling of software applications and solutions. n nAssets and liabilities used in the Group business are not identified to any of the reportable segments, as these are used interchangeably between segments and are not used by the CODM to allocate resources or review performance of the operating segments. The cost incurred during the year to acquire Segment fixed assets, Depreciation or Amortisation and non cash expenses are not attributable to any reportable segment.

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	Consolidated	Consolidated
	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
	Total Amount of items that will not be reclassified to profit and loss	-9100000	12900000
2	Income tax relating to items that will not be reclassified to profit or loss	-2300000	3200000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of financial statements of foreign operations	344300000	793600000
	Total Amount of items that will be reclassified to profit and loss	344300000	793600000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	337500000	803300000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			9173400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			196300000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			1715900000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-5784800000
	Adjustments for decrease (increase) in other non-current assets			-575500000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			463500000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-273800000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			4716700000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1212100000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-27900000
	Adjustments for provisions, non-current			52200000
	Adjustments for other financial liabilities, current			98200000
	Adjustments for other financial liabilities, non-current			-2700000
	Adjustments for unrealised foreign exchange losses gains			16700000
	Adjustments for dividend income			0
	Adjustments for interest income			677700000
	Adjustments for share-based payments			90200000
	Adjustments for fair value losses (gains)			-22400000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-131500000
	Other adjustments to reconcile profit (loss)			-190900000
	Other adjustments for non-cash items			85000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			959600000
	Net cash flows from (used in) operations			10133000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3140500000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			6992500000
	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			8000000
	Purchase of property, plant and equipment			314800000
	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			18054600000
	Cash receipts from repayment of advances and loans made to other parties			20075000000
	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			0
	Interest received			609700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-3208500000
	Net cash flows from (used in) investing activities	-885300000
	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			693700000
	Dividends paid			4164800000
	Interest paid			5400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4863900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1243300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			233100000
	Net increase (decrease) in cash and cash equivalents			1476400000
	Cash and cash equivalents cash flow statement at beginning of period			5198500000
	Cash and cash equivalents cash flow statement at end of period			6674900000