Tata Technologies selected as strategic supplier by Volvo Cars; shares trade in green

Shares of Tata Technologies traded in green at ₹734 apiece on the NSE at 10:00 am after the company announced itself as a strategic supplier to Volvo Cars.

Tata Technologies has been selected as a strategic supplier by Volvo Cars. Volvo Cars is reimagining mobility through electrification, software-defined vehicle (SDV) platforms, and intelligent in-car experiences. It has set out to shape the future of mobility with strong ambitions for sustainable growth, as it seeks to offer clients the freedom to move in a personal, sustainable and safe way. The company, with its expertise in turnkey product engineering and digital transformation, will play a broader role in this journey.

Building on an already trusted relationship, this expanded partnership will focus on product engineering, embedded software solutions, and Product Lifecycle Management (PLM) services. The company will support Volvo Cars from its global delivery hubs, including Gothenburg -- its Automotive Centre of Excellence -- as well as India, Romania, and Poland.

The collaboration enhances Volvo Cars’ global engineering capacity, tapping into Tata Technologies’ deep domain expertise, scalable delivery models, and proven excellence in automotive transformation.

In Q4FY25, the company reported benign numbers with sales declining 1.18% YoY to ₹1,285 crore as compared to ₹1,301 crore. Consequently, the EBITDA for the quarter also fell by 2.7% YoY to ₹233 crore. However, the net profit for the quarter jumped 17.8% YoY to ₹185 crore as compared to ₹157 crore in the previous year’s similar quarter.

Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs) and their tier 1 suppliers.