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13 min read | Updated on May 15, 2025, 09:40 IST
SUMMARY
Tata Group Q4 earnings: TCS reported a consolidated net profit of ₹12,224 crore for Q4FY25 (profit to shareholders), down 1.6% on a year-on-year (YoY) basis from ₹12,502 crore in Q4FY24. Sequentially, the net profit was down 1.2% from ₹12,444 crore. Compared to street estimates TCS reported mixed Q4 earnings.
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India. | Image: Shutterstock
Even smaller entities such as YES Bank, Jubilant FoodWorks, Marico, Garden Reach Shipbuilders, Symphony, Hitachi Energy India, too, reported a robust set of results for the fourth quarter of the last fiscal year.
The Tier 1 IT companies reported subdued numbers; however, their smaller peers, such as Mphasis, reported impressive numbers.
The IT services bellwether reported a consolidated net profit of ₹12,224 crore for Q4FY25 (profit to shareholders), down 1.6% on a year-on-year (YoY) basis from ₹12,502 crore in Q4FY24. Sequentially, the net profit was down 1.2% from ₹12,444 crore.
Compared to street estimates TCS reported mixed Q4 earnings, with revenue growth beating the expectations, while net profit is lower-than-expectations.
The consolidated revenue from operations in Q4FY25 stood at ₹64,479 crore, up 5.2% YoY compared to ₹61,237 crore in Q3FY24. Meanwhile, on a quarter-on-quarter basis, the revenue is up 0.7% from ₹63,973 in Q3FY25. The revenue was also in line with street estimates. TCS’ operating margin in Q4FY25 stood at 24.2%, while net margin stood at 19%. TCS revenue for the entire FY25 stood at ₹255,324 crore, up 6% YoY.
The auto major had posted a consolidated net profit of ₹17,528 crore in the same quarter of the previous fiscal year.
Its total revenue from operations stood at ₹1,19,503 crore against ₹1,19,033 crore in the year-ago period, it added.
For the 2024-25 fiscal year, the company's consolidated net profit was ₹28,149 crore compared to ₹31,807 crore in the preceding financial year.
The total revenue in FY25 was ₹4,39,695 crore against ₹4,34,016 crore in FY24.
Tata Motors noted that tariffs and related geopolitical actions are making the operating environment uncertain and challenging.
The global premium luxury segment and Indian domestic markets are expected to weather this relatively better, Tata Motors CFO PB Balaji stated.
The company said revenue of its UK-based arm, Jaguar Land Rover (JLR), stood at 7.7 billion pounds, down 1.7% year-on-year, while full-year revenue stood at 29 billion pounds, almost flat compared to FY24.
Tata Steel said its total revenue from operations on a consolidated basis stood at ₹56,218 crore, down 4.2% against ₹58,687 crore revenue logged in the year-ago period.
On a sequential basis, the figure grew 4.7% from ₹53,648 crore seen in the December 2024 quarter.
The company said that the increase in revenue on a QoQ basis was due to improved volumes despite a drop in realisations in the UK and Netherlands.
The company's operating profit, or EBITDA (earnings before interest, taxes, depreciation, and amortisation), came in at ₹6,762 crore. The figure increased by 12.8% QoQ and 1.97% YoY.
Adjusted EBITDA (EBITDA adjusted for changes on account of forex movement on intercompany debt/receivables) came in at ₹6,503 crore against ₹7,155 crore in the December quarter.
In the year-ago period, adjusted EBITDA was ₹6,969 crore.
Tata Power posted a nearly 25% rise in consolidated net profit to ₹1,306.09 crore in the March quarter of FY25, on the back of strong performance across core businesses comprising generation, transmission, and distribution, and renewables.
The company had reported a consolidated profit of ₹1,045.59 crore in the quarter ended on March 31, 2024, a regulatory filing showed.
Total income rose to ₹17,446.95 crore in the latest January-March quarter from ₹16,463.94 crore in the same period a year ago.
The company's board has recommended a final dividend of ₹2.25 per equity share of rupee one each for the financial year ended March 2025.
The dividend is subject to the approval of the members at the forthcoming Annual General Meeting of the company scheduled on July 4.
The dividend, if approved, will be paid on and from July 7, 2025.
Titan Company reported a 13% increase in its consolidated profit after tax at ₹871 crore in the March quarter, driven by robust sales.
The company had posted a profit after tax (PAT) of ₹771 crore for the January-March period of FY24.
Total income increased to ₹14,049 crore for the fourth quarter as compared with ₹11,472 crore in the year-ago period, the company said in a regulatory filing.
For FY25, Titan reported a PAT of ₹3,337 crore, a decline of 5%, against ₹3,496 crore in FY24.
Total income increased to ₹57,818 crore last fiscal from ₹47,501 crore in FY24.
"While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan's businesses clocked yet another year of strong 22% revenue growth resulting in the company crossing the impressive milestone of ₹50,000-plus crore of revenues for the full year," its Managing Director C K Venkataraman said.
The company's Analog Watch business continued its strong growth trajectory by product innovation led premiumisation whilst moving in sync with the rising aspirations of the Indian consumer, the MD stated.
The Indian Hotels, parent of five-star hotel chain operator Taj Hotels and Resorts, on Monday, May 5, reported a net profit of ₹522 crore in the January-March quarter, marking an upside of 25% from ₹418 crore in the same period last year. Its revenue from operations rose 27% to ₹2,487 crore as against ₹1,951 crore in the year-ago period.
The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA), also known as operating profit, rose 30% to ₹918.74 crore in the March quarter from ₹706 crore in the same period last year. For the quarter, operating profit margin (EBITDA margin) improved to 36.94% from 36.19%.
The company's board has recommended a dividend of ₹2.25 per share for the financial year 2024-25.
Tata Technologies reported a 12.8% increase in consolidated net profit to ₹188.9 crore for the March quarter of the financial year 2024-25, as against ₹168.6 crore seen in the last quarter of the same fiscal year.
Its revenue from operations inched up marginally by 2.4% to ₹12,856.5 crore during the reporting quarter as compared to 1317.38 crore quarter-on-quarter (QoQ).
The Tata firm’s operating earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹233.4 crore for Q4 FY25. Margin also improved marginally at 18.2% as against 17.8% QoQ.
“We closed a total of 17 large deals in FY25, which included one marquee deal exceeding $500 million, two $50 million-plus deals, and one $20 million-plus deal,” the company said in a statement.
Trent Ltd on Tuesday, April 29, reported a 46.48% year-on-year (YoY) decrease in its standalone net profit to ₹350 crore in the fourth quarter of the 2024-25 financial year (Q4FY25). In the corresponding period last year, the Tata Group subsidiary had clocked ₹654 crore in net profit.
On a sequential basis, the retail company's profit fell 25.44% from ₹469.33 crore in the December quarter of FY25.
In the March quarter of FY25, the company's revenue from operations stood at ₹4,106.10 crore, jumping 28.8% YoY from ₹3,186.93 crore in the year-ago period. Its top line plunged 9.45% quarter-on-quarter (QoQ) from ₹4,534.71 crore.
The retail firm clocked an earnings before interest, taxes, depreciation and amortisation (EBITDA) of ₹656.09 crore in the period under review, up 37.2% YoY from ₹478.16 crore in Q4FY24.
Trent's operating margin expanded marginally from 15% in the March quarter of FY24 to 15.98% in Q4FY25.
Tata Communications posted a more than two-fold increase in its net profit to ₹761.17 crore during the March 2025 quarter, helped by a one-off gain through the sale of a Chennai land parcel to an associate company.
The company had posted a consolidated profit of ₹354.57 crore in the year-ago period, it said in a filing to the exchanges.
The company is aiming to accelerate its capital expenditure to over $300 million in FY26 from the $265-270 million in FY25, its Chief Financial Officer Kabir Ahmed Shaikh told PTI.
The company said that its revenue in rupee terms came in at ₹908.3 crore, up 0.3% YoY, but down 3.3% QoQ. In constant currency terms, the company's revenue saw a decline of 2.9% YoY and 5.3% QoQ.
Tata Elxsi provides engineering and solutions to various industries, including automotive, media & communications, and healthcare.
Its total income came in at ₹951.4 crore, down 2.8% QoQ and rose 1.3% YoY.
The company further said that its EBITDA, or earnings before interest, taxes, depreciation, and amortisation, declined 15.8% QoQ to ₹207.7 crore. On a YoY basis, the figure dropped 20.5%.
EBIT came in at ₹183.0 crore, down 17.1% QoQ and 21.7% YoY.
Profit After Tax (PAT) slipped 13.4% QoQ and 12.4% YoY.
EBITDA margin came in at 22.9% against 26.3% in the December quarter and 28.8% in the corresponding quarter of the previous fiscal year.
Tata Investment Corporation (TICL) on Monday, April 21, announced its financial results for the quarter ended March 31, 2025 (Q3 FY25) and for the full fiscal year FY24-25.
The company's board also recommended a dividend of ₹27 (270%) per ordinary share of ₹10 each, which shall be paid after the annual general meeting (AGM), subject to approval of the shareholders of the company at the ensuing AGM.
As regards quarterly numbers, the Tata Group company reported a net profit of ₹37.72 crore on a consolidated basis, down 37.62% YoY from ₹60.47 crore logged in the year-ago period.
On a sequential basis, however, the figure grew by 92%.
For the fiscal year 2025, net profit stood at ₹312.09 crore, down 18.9% against ₹384.96 crore registered in the previous fiscal year.
Total revenue from operations in the March quarter came in at ₹16.43 crore, down 71.2% as opposed to ₹57.11 crore in the corresponding quarter of the previous fiscal.
Total expenses of the company were ₹10.02 crore in the March quarter against ₹8.08 crore in Q3 FY25 and ₹9.48 crore in Q4 FY24.
Earnings per share (EPS) (basic/diluted) came in at ₹7.46 during Q4 FY25 against ₹11.95 in Q3 FY25 and ₹3.88 in the March 2024 quarter.
Tata Consumer Products posted a 59.18% increase in its consolidated profit after tax to ₹344.85 crore in the January-March quarter of FY25, compared to ₹216.63 crore a year back.
Revenue from operations ascended 17.34% to ₹4,608.22 crore in the quarter under review. In the year-ago period, the revenue was ₹3,926.94 crore in the same period last fiscal year.
For the quarter, India Beverages' business revenue grew 9%, while the domestic food business expanded 27%.
"Salt revenue grew 13%, with value-added salt portfolio growing 31% during the quarter. Tata Salt Iron Health, double fortified with iron and iodine, was relaunched at an accessible price point to tackle widespread iron deficiency in India," the company said in an exchange filing.
Tata Starbucks added six net new stores in the reporting quarter, taking total stores to 479 across 80 cities.
Sunil D’Souza, Managing Director & CEO of Tata Consumer Products, said, "We ended the year with a strong quarter, accelerating the momentum further. We delivered a topline growth of 17% during the quarter, bringing FY25 growth to 16%. The growth was broad based across India and the international business in line with the earlier trend.
Tata Chemicals reported a consolidated net loss from continuing operations of ₹67 crore for the quarter ended March.
Its net loss stood at ₹818 crore in the year-ago period.
Total income fell marginally to ₹3,551 crore in the fourth quarter of the last fiscal from ₹3,589 crore in the corresponding period of the previous year, according to a regulatory filing.
During 2024-25 fiscal, the company's net profit declined to ₹354 crore from ₹449 crore in the preceding year. Total income also declined to ₹15,112 crore last fiscal from ₹15,707 crore in 2023-24.
Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals, said, "Market conditions remain challenging even as India continues to grow while China, US and Western Europe are witnessing slight declines due to reduced demand for flat and container glass.
In other regions, Asia (excluding China and India) and Americas (excluding USA) demand is robust, while slight decline is observed in demand of Africa, he added.
The IPO-bound Tata Capital reported a 31% year-on-year (YoY) surge in its consolidated profit after tax (PAT) to ₹1,000 crore for the three months ended March 2025.
The company logged a profit after tax of ₹765 crore in the year-ago period.
Total revenues from operations rose nearly 50% to ₹7,478 crore in the January-March period of FY25 from ₹4,998 crore in the year-ago period, Tata Capital said in a regulatory filing.
For financial year 2024-25, Tata Group's financial services firm reported a PAT of ₹3,655 crore as compared to ₹3,327 crore in FY24, and revenues surged to ₹28,313 crore from ₹18,175 crore.
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts.
In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as of March 31, 2024, according to the group's official website.
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