Tata Technologies Q3 results 2024 will be on our screens soon. The company going to release its Q3 results FY24 by 11th January 2024. Tata Technologies is known for its digital products and tech enhancements. The company has recently listed on the share market. The company in 1989, has expertise in the automotive and engineering sectors. It was a sub-division of the Tata Motors. It provides services to several luxurious brands. The company has 57% revenue from only five clients with 69% revenue from a single field. If we talk about the company’s revenue, it is in a growing phase with assets and profitability. Now, everyone is curious to know about the Q3 performance of the company. It will be its first result after listing. Let us explore more about Tata Technologies Q3 results 2024.
Tata Technologies Q3 Results 2024 Earnings, Net Profit, Sales Report
Tata Technologies jumped in the retained earnings in March 2023 quarter results. The company has also increased its assets along with the retained earnings. Everyone is eagerly waiting for the results of the Q3. Tata Technologies has recently opened its IPO on 22 November 2023. It gets listed on 30 November 2023. Shares had a grey market premium of Rs. 400 with an issue price of Rs. 500.
The IPO’s demand was so much that it was oversubscribed. There are some important things that we need to see in Q3. The profitability and revenues are most important in any quarter results. We also saw that Tata Technologies has a strong balance sheet with assets growing every year. The company is also estimated to have its share price value double soon, which was the main reason for its IPO oversubscription.
Tata Technologies’ current share price is Rs. 1208.55. If we look at the chart of Tata Technologies, the share is falling. The last month saw a 7.96% fall in the price. Everyone is looking forward to the quarterly results and analysis. It will clear the current situation of the company. It has its majority business from a few brands.
Tata Technologies can release its Q3 results 2024 by January last week or February first week. We will update you as the results are released. Tata will be given a chance to have the shares of their company once again after 2021. We hope you get enough details about Tata Technologies’ upcoming results.