New Delhi, May 21 -- Tata Projects, the Tata Group's engineering and construction arm, built itself a reputation with high-profile projects including India's new Parliament building, the Mumbai trans harbour link, and the upcoming Noida airport. But it burnt its fingers over project delays and cost overruns and is now convinced it should focus on shorter-duration projects to return to profitability.
In 2024-25, Tata Projects swung to a consolidated net loss of Rs.696.57 crore from a consolidated net profit of Rs.81.97 crore in FY24, while revenue declined 1.63% to Rs.17,470.59 crore. In FY26, however, the company expects to be back in the black with double-digit revenue growth with work on its large projects almost over.
"The game for T...
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