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Tata group stock jumps after reduces losses in Q3

Tata group stock posted a ₹315.11 crore Q3 FY25 net loss, with 12.41% YoY revenue growth. The board approved a solar power investment, emphasizing sustainability and growth.
Tata group stock reported ₹315.11 crore loss, revenue growth, solar investment approved.
Tata group stock reported ₹315.11 crore loss, revenue growth, solar investment approved.

Introduction:

Tata group stock reported a widened Q3 FY25 net loss of ₹315.11 crore, with 12.41% YoY revenue growth to ₹332.77 crore and a 7.74% EBITDA increase. The board approved a solar power investment, highlighting sustainability efforts.

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Share Price movement of Tata Teleservices (Maharashtra):

On January 23, 2025, Tata Teleservices (Maharashtra) Ltd opened at ₹76.39 and traded at ₹76.51, up 0.79% from its previous close of ₹75.91. The stock reached an intraday high of ₹77.38 and a low of ₹75.20, with a market cap of ₹14,957.15 crore.

Tata Teleservices (Maharashtra) Q3 Results:

Tata Teleservices (Maharashtra) reported a widened net loss of ₹315.11 crore in Q3 FY25, compared to ₹307.69 crore in Q3 FY24. Revenue from operations grew 12.41% YoY to ₹332.77 crore, while EBITDA increased 7.74% to ₹149.79 crore.

The company’s operating profit margin declined to 31.75% in Q3 FY25 from 33.11% in Q3 FY24. On a nine-month basis, net loss widened to ₹968.90 crore in 9M FY25, while revenue rose 15.13% YoY to ₹999.77 crore, reflecting mixed performance.

Tata Tele’s board approved a ₹5.3 crore investment for a 26% stake in P&T Renewable Energy, a SPV to establish a captive solar power plant in Maharashtra, aligning with sustainability goals and future growth strategies.

Also Read: Stocks To Watch For Budget 2025

Recent news About Tata Teleservices (Maharashtra) Co:

On December 21, 2024, Tata Teleservices (Maharashtra) Ltd disclosed receiving Telecom Regulatory Authority of India orders dated December 20, 2024, under customer preference regulations for June and December 2023 quarters. The company is reviewing and evaluating next steps.

Stock performance of Tata Teleservices (Maharashtra) for Period of 1 week, 6 months and 1 year:

Tata Teleservices (Maharashtra) stock gained 7.05% over the past week but dropped 25.4% in the last six months. Over the past year, the stock recorded a 15.0% decline, reflecting varied performance across different timeframes.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Tata Teleservices (Maharashtra):

All values in %Dec-24Sep-24Jun-24
Promoters74.3674.3674.36
FII2.342.392.38
DII0.090.080.07
Retail & others23.1823.1623.19
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About Tata Teleservices (Maharashtra) Co:

Tata Teleservices (Maharashtra) Ltd offers telecommunication and broadband services, catering to businesses and retail customers. It focuses on digital connectivity solutions, contributing to India’s growing communication infrastructure while leveraging the Tata group’s expertise and resources in the telecom sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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