Analysing The Growth Rate, Profit & Loss Of Tata Technologies In FY23

Tata Technologies is a global product leader in engineering/ digital services, product development, and outsourcing. A legacy of a renowned business conglomerate, Tata Group, Tata Consultancy was founded in 1989. Since then, the company has been contributing engineering and design services to the world's leading manufacturers. Today, the company has over 8,600 employees across the globe, serving clients from facilities in Europe, North America, and APAC.

Undoubtedly, the company has been performing well since its inception, and the revenue it recorded in FY23 was Rs. 4,414.18 Cr, which is higher than the corresponding year FY22 in which its revenue was Rs. 3,595.57 Cr. The growth is appealing to potential investors who want to buy Tata Technologies unlisted shares. If you want to invest in Tata Technologies pre-IPO shares, it is crucial to analyse the company's growth rate profit and loss statement for FY23. Let's start without further ado.

Insights Into Profit & Loss Of Tata Technologies For The FY23

Ups and downs are a part of every business, and Tata Technologies is no exception. Talking about the FY22-23 key details of the profit and loss statement of Tata Technologies, the company has been performing well in the last three years, and its revenue has been growing since then. The revenue from operations for FY23 was Rs. 4,418 Cr. against Rs. 3,529 Cr. in FY22.

The revenue from sales increased by 33.2% to Rs. 3,535 Cr in FY 22-23 against Rs. 2,654 Cr in FY 21-22. The profit before tax (PBT) stood at Rs. 797 Cr during FY 22-23, compared with Rs. 586 Cr. during the previous fiscal year, which registered an increase of 35.5%. The profit after tax (PAT) also increased by 42.8% to Rs. 624 Cr. in FY 22-23, against Rs. 436 Cr. in FY 21-22.

The company's robust performance over the past few years has been possible due to the changes in its operating environment. Moreover, the evolving technical landscape has compelled the company to reinvigorate the way to innovate, operate, and deliver products and services. Also, in FY 22-23, Tata Technologies underwent the Tata Business Excellence Model (TBEM) assessment as an organisational improvement methodology for excellence in implementing strategic business initiatives.

The Chief Executive Officer & Managing Director of Tata Technologies, Warren Harris, said, "Our performance during FY22-23 surpassed our expectations. We generated strong revenues and operating profits."

There is no doubt that Tata Technologies has witnessed a sharp rise in its revenue. This is due to the relaxation of regulatory and health guidelines, which helped improve business activities along with the new business opportunities in Southeast Asia.

Tata Technologies IPO Details

Tata Technologies IPO is going to launch soon, which will comprise an offer for sale of up to Rs. 95,704,984 equity shares of Rs.2 each. Further, the offer for sale consists of up to 81.13 million equity shares by Tata Motors, up to 4.86 million equity shares by Tata Capital Growth Fund I, and up to 9.72 million equity shares by Alpha TC Holding PTE.

Undoubtedly, on the successful completion of Tata Technologies IPO, the company will be able to generate more value for its shareholders and potential investors and continue its growth trajectory. As a potential investor, you can buy Tata Technologies unlisted shares to earn a high return on your investment. The company's performance in the past few years has been remarkable, so it gives you an excellent opportunity to earn and diversify your investment portfolio.

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FAQs

What is Tata Technologies unlisted share price today?

Ans. Currently, Tata Technologies pre-IPO shares are available at Rs. 960 per equity share. However, the prices of the company keep fluctuating based on the company's performance and prevailing market trends.

Is Tata Technologies a good company to invest in?

Ans. Tata Technologies is a highly reputed company of Tata Group, the biggest business conglomerate. In FY22, the company developed new end-to-end innovative turnkey product development solutions. So it is a great company to trade in.

How much did Tata Technologies earn in total revenue in FY23?

And. The recorded total revenue of the company was Rs. 4,501 Cr against Rs. 3,578 Cr in FY22. The company earned more than its previous year, which is a positive sign.

How do I check daily prices of Tata Technologies pre-IPO stocks?

Ans. You can check the prices of Tata Technologies unlisted stocks or other pre-IPO companies in India at Stockify. Experts at Stockify regularly update the prices of unlisted stocks based on the trends and fluctuations occurring in the market.

Which is the best platform to buy unlisted shares?

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