The duration of the agreement is 5 years and 9 months, and it can be extended by another 5 years with added scope & associated commercials. The contract value stood at Rs 95.65 crore for the overall upgrade, training, maintenance, and associated services.
Tata Technologies is a global product engineering and digital services company.
The company’s consolidated net profit fell 1.9% to Rs 157.41 crore on a 2.1% rise in net sales to Rs 1,296.45 crore in Q2 FY25 over Q2 FY24.
The scrip declined 0.55% to currently trade at Rs 943.20 on the BSE.