India's Tata Tech has quarterly profit plummet 96% on one-time labour code charge
28 January 2026
Engineering research and development (ER&D) firm Tata Technologies (TATE.NS), opens new tab reported a 96% drop in third-quarter profit on Thursday, hurt primarily by a one-time charge tied to India's new labour codes, their largest such drop since the company's 2023 market debut.
Engineering research and development (ER&D) firm Tata Technologies (TATE.NS), opens new tab reported a 96% drop in third-quarter profit on Thursday, hurt primarily by a one-time charge tied to India's new labour codes, their largest such drop since the company's 2023 market debut.
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