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  • Tata Technologies Limited Financial Results 2021

    8 July

Tata Technologies Limited is a company in the Tata Group that provides services in engineering and design, product lifecycle management, manufacturing, product development, and IT service management to automotive and aerospace original equipment manufacturers and their suppliers. It is a subsidiary of Tata Motors. The company is active in North America, Europe, the Middle East and the Asia Pacific region.

The company was founded in 1989 and acquired INCAT, a European-based company, in 2005. Tata Technologies has headquarters in Pune and regional headquarters in the United States (Novi, Michigan), ThaneOne Corporate Business IT Park, Thane and the UK (Coventry). The company operates in 25 countries, and has a combined global work force of more than 8,000 employees, including around 4,000 professionals worldwide.15th Largest IT company in the Fortune India Infotech Industry ranking.

Tata Technologies Limited Financial Results 2021

Total income of the company has been decreased at a rate of 16.3% from INR 2,896.9 Cr. in 2020 to INR 2,425.7 Cr. in 2021. Also, company's PAT has been decreased at a rate of 4.9% from INR 251.6 Cr. in 2020 to INR 239.2 Cr. in 2021. Cash from operations has been increased at a growth rate of 316.3%, from INR 267.4 Cr. in 2020 to INR 1,113.2 Cr. in 2021. Earnings per share has been decreased at a rate of 4.3% from INR 59.8 in 2020 to INR 57.2 in 2021.