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  1. Tata Technologies block deal: Shares fall 6% on reports 3.95% equity changes hands; check key details

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Tata Technologies block deal: Shares fall 6% on reports 3.95% equity changes hands; check key details

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2 min read | Updated on April 29, 2025, 09:33 IST

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SUMMARY

Tata Technologies Q4 Results: Last year, TPG Rise Climate, the dedicated climate investing arm of TPG, sold one-third of its holding in Tata Technologies for ₹1,230 crore.

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Tata Technologies reported a 20.12% rise in consolidated PAT at ₹188.87 crore for Q4 FY25.

Tata Technologies reported a 20.12% rise in consolidated PAT at ₹188.87 crore for Q4 FY25. | Image: Shutterstock

Tata Technologies share price: Shares of Tata Technologies tumbled as much as 6% to ₹663.05 apiece on the NSE in the opening deals on Tuesday, April 29, as, according to news reports, 3.95% equity of the company changed hands in a block deal.

As per a CNBC-TV18 report, as many as 1.6 crore shares, or 3.95% equity, changed hands in the large block trade. The block deal is reported to be worth ₹1,094 crore.

The transaction took place at ₹683 per share, the report added.

Earlier, news reports had said that TGP Rise Climate would sell as many as 1.59 crore shares of Tata Technologies via block deals today.

The shares were reported to be sold in the range of ₹670-698.55 per share (at a discount of 1-5% on the last traded price), said a report by CNBC-TV18.

The report added that there would be a lock-in period of 60 days for the seller.

Last year, TPG Rise Climate, the dedicated climate investing arm of TPG, sold one-third of its holding in Tata Technologies for ₹1,230 crore. The deal, executed on the BSE, saw the fund offloading 1.2 crore shares at an average price of ₹1,014.16 per share.

The shareholding pattern of the company shows that TPG Rise Climate Sf Pte. Ltd held a 6.01% stake in the company at the end of the March 2025 (Q4 FY25) quarter.

Tata Technologies Q4 FY25 Results

Tata Technologies, the global product engineering and digital services firm, reported a 20.12% rise in consolidated profit after tax at ₹188.87 crore for the fourth quarter ended March 2025 (Q4 FY25) on the back of higher income and lesser expenses.

The company had posted a consolidated profit after tax (PAT) of ₹157.24 crore in the same quarter of the year-ago fiscal.

Consolidated total income in the fourth quarter of FY25 stood at ₹1,342.73 crore as compared to ₹1,325.19 crore in the year-ago period, it added.

Total expenses stood at ₹1,088.20 crore as against ₹1,094.4 crore logged in the year-ago period.

For the fiscal year ending March 2025, PAT was at ₹676.95 crore as compared to ₹679.37 crore in the preceding financial year, the company said.

Tata Technologies is a global product engineering and digital services company. The company is part of the Tata Group.

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