Tata Technologies Q2 FY25 results (Jul–Sep 2024) and concall

Tata Technologies delivered a steady Q2 FY25, marked by a return to sequential growth in its core Services business and significant operational improvements in offshoring and utilization. While macro headwinds like the US elections and a strategic shift in the EV market are causing near-term decision delays, management remains bullish on H2 FY25. The official launch of the BMW joint venture and a new strategic partnership with Air India highlight the company's successful diversification beyond its traditional anchor accounts.