Tata Technologies Limited‘s revenue for the quarter ended December 31, 2024, was ₹1,317.38 crore, a decrease of 1.98% from the previous quarter’s ₹1,345 crore, but an increase of 0.92% over the year-earlier same quarter’s figure of ₹1,289.45 crore. The company’s net profit was ₹168.64 crore for the quarter, down 8.52% from ₹184.42 crore in the September quarter and up 3.8% from ₹162.5 crore a year earlier. Basic EPS was ₹4.16 this quarter, down from ₹4.61 in the previous quarter and up from ₹4.20 a year earlier.
| Particulars | Dec-24 Quarter | Sep-24 Quarter | Dec-23 Quarter |
|---|---|---|---|
| Revenue (₹ in crore) | 1,317.38 | 1,345 | 1,289.45 |
| Net Profit (₹ in crore) | 168.64 | 184.42 | 162.5 |
| Basic EPS (₹) | 4.16 | 4.61 | 4.20 |
The consolidated results for Cyient DLM Limited
Cyient DLM Limited’s total income for the quarter ended December 31, 2024, was ₹581.66 crore, an increase of 15.62% from the previous quarter’s ₹503.01 crore and a significant jump of 74.63% from the year-earlier same quarter’s figure of ₹333.06 crore. The company’s net profit for the period was ₹130.34 crore for the quarter, up 11.43% from ₹117.01 crore in the September quarter and up a massive 281.74% from ₹34.13 crore a year earlier. Basic EPS was ₹1.90 this quarter, up from ₹1.71 in the previous quarter and up from ₹0.50 a year earlier.
| Particulars | Dec-24 Quarter | Sep-24 Quarter | Dec-23 Quarter |
|---|---|---|---|
| Total Income (₹ in crore) | 581.66 | 503.01 | 333.06 |
| Net Profit (₹ in crore) | 130.34 | 117.01 | 34.13 |
| Basic EPS (₹) | 1.90 | 1.71 | 0.50 |
The significant year-over-year increases in total income and net profit are likely due to the acquisition of Altek Electronics LLC in October 2024. Altek contributed ₹869.33 million in revenue and ₹53.48 million in profit before tax since the acquisition date. Please note that Altek’s financial year-end reporting period is different from Cyient DLM Limited’s, so it’s not possible to provide an exact comparison.
The company also completed an IPO in July 2023, which may also have contributed to the increase in total income and profit.
The consolidated results for Servotech Power Systems Limited
Servotech Power Systems Limited‘s total income for the quarter ended December 31, 2024, was ₹18,154.68 lakh, an increase of 14.60% from the previous quarter’s ₹15,856.82 lakh and a significant jump of 173.37% from the year-earlier same quarter’s figure of ₹6,641.85 lakh. The company’s profit before tax was ₹1,299.58 lakh for the quarter, down 40.35% from ₹2,180.21 lakh in the September quarter, but up 186.27% from ₹453.74 lakh a year earlier. Profit after tax was ₹829.74 lakh this quarter, down 49.55% from ₹1,644.45 lakh in the previous quarter, but up 171.63% from ₹309.14 lakh a year earlier. Basic EPS was ₹0.39 this quarter, down from ₹0.81 in the previous quarter and up from ₹0.15 a year earlier.
| Particulars | Dec-24 Quarter | Sep-24 Quarter | Dec-23 Quarter |
|---|---|---|---|
| Total Income (₹ in lakh) | 18,154.68 | 15,856.82 | 6,641.85 |
| Profit Before Tax (₹ in lakh) | 1,299.58 | 2,180.21 | 453.74 |
| Profit After Tax (₹ in lakh) | 829.74 | 1,644.45 | 309.14 |
| Basic EPS (₹) | 0.39 | 0.81 | 0.15 |
Tanla Platform Limited
Tanla Platform Limited’s consolidated revenue from operations for the quarter ended December 31, 2024, was ₹1,00,042.90 lakh, a decrease of 0.03% from the previous quarter’s ₹1,00,072.28 lakh, and a decrease of 0.21% from the year-earlier same quarter’s figure of ₹1,00,257.03 lakh. The company’s consolidated net profit for the period was ₹11,851.48 lakh for the quarter, down 9.62% from ₹13,021.15 lakh in the September quarter and down 15.51% from ₹14,013.44 lakh a year earlier. Consolidated basic EPS was ₹8.82 this quarter, down from ₹9.70 in the previous quarter and down from ₹10.42 a year earlier.
| Particulars | Dec-24 Quarter | Sep-24 Quarter | Dec-23 Quarter |
|---|---|---|---|
| Revenue from Operations (₹ in lakh) | 1,00,042.90 | 1,00,072.28 | 1,00,257.03 |
| Net Profit (₹ in lakh) | 11,851.48 | 13,021.15 | 14,013.44 |
| Basic EPS (₹) | 8.82 | 9.70 | 10.42 |
The consolidated unaudited financial results for the year to date period ended December 31, 2023, did not include the results of ValueFirst and its subsidiaries. Accordingly, the consolidated results of the year to date period ended December 31, 2024, are not comparable with the year to date period ended December 31, 2023.
KEI Industries Limited
KEI Industries Limited’s total income for the quarter ended December 31, 2024, was ₹24,808.68 million, an increase of 9.15% from the previous quarter’s ₹22,965.73 million and a significant jump of 38.92% from the year-earlier same quarter’s figure of ₹20,735.27 million. The company’s net profit for the period was ₹1,648.05 million for the quarter, up 3.87% from ₹1,548.12 million in the September quarter and up 61.09% from ₹1,506.74 million a year earlier. Basic EPS was ₹17.87 this quarter, up from ₹17.16 in the previous quarter and up from ₹16.70 a year earlier.
| Particulars | Dec-24 Quarter | Sep-24 Quarter | Dec-23 Quarter |
|---|---|---|---|
| Total Income (₹ in Million) | 24,808.68 | 22,965.73 | 20,735.27 |
| Net Profit (₹ in Million) | 1,648.05 | 1,548.12 | 1,506.74 |
| Basic EPS (₹) | 17.87 | 17.16 | 16.70 |
The company issued and allotted 52,63,157 fully paid-up equity shares to eligible Qualified Institutional Buyers in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, at an issue price of ₹3,800 per share (including securities premium of ₹3,798 per share) for a consideration of ₹20,000 million. The paid-up equity share capital of the company increased from ₹180.58 million to ₹191.11 million. The Board of Directors approved the declaration of an interim dividend of ₹4.00 per equity share for the financial year 2024-25.
