Indian engineering firm Tata Tech's profit rises on non-core business boost


A cameraman works in front of the Tata Technologies logo during a press conference announcing a joint venture between Tata Technologies and BMW Group, in Mumbai, India, October 8, 2024. REUTERS/Francis Mascarenhas

(Reuters) -Indian engineering firm Tata Technologies reported a 5% rise in second-quarter profit on Friday, as growth in its non-automotive business cushioned weakness in its key auto-focused segment.

The firm, which provides engineering, product design and manufacturing digitalisation services to automotive clients, as well as to aerospace and industrial machinery firms, warned about near-term demand being tepid.

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