Page 15 - TCE Annual Report 2024-2025

Overview Leadership Messages Governance Strategic Insights Business Review People & Community

Engineering Excellence, Delivering Growth We also delivered India’s first project on Dynamic
FY 2024–25 has been a defining year for Tata Consulting Line Rating for a 100-kilometre, 400 kilovolt double-
Engineers Limited. Anchored in our purpose of circuit transmission line. This initiative was recognised
Engineering a Better Tomorrow, we continued to deliver by the government as a key technology option for
impact at scale across power, infrastructure, hydrocarbons easing congestion in the national electricity grid. Our
& Chemicals and mining and metals sectors. Our ability to sustainability footprint continued to grow, particularly
integrate design excellence with execution rigour across in hard-to-abate sectors. From green steel facilities
sectors and geographies has reinforced TCE’s position as in Europe to e-waste and copper recycling for the
a trusted partner to clients, governments, and industry industry, we are enabling responsible industrial growth.
leaders. This year’s theme, Engineering Excellence, These efforts are central to our belief that engineering
Delivering Growth, captures the essence of our journey: excellence must be matched by environmental
delivering quality with consistency, while expanding stewardship.
our capabilities and global footprint. At the heart of
this success is our OEPC™ model (Owner’s Engineer Financial Performance: Sustained Growth
and Project Consultant), which remains our distinctive with Strong Fundamentals
approach to delivering end-to-end solutions across the In the financial year 2024 to 2025, Tata Consulting
project lifecycle. Whether it is conceptualising India’s Engineers recorded healthy growth across all key metrics.
future manufacturing ecosystems or enabling renewable Our total revenue reached ₹ 2,033 crore, which represents
energy transitions worldwide, we apply this model to an increase from ₹ 1,355 crore in the previous financial
engineer value, manage complexity, and deliver results. year. This growth reflects our continued ability to deliver
complex engineering solutions across sectors and
Accelerating Sectoral Impact geographies while maintaining a strong focus on quality
Our contributions in 2024–25 spanned a wide spectrum and client satisfaction.
of national and global priorities. We supported India’s Our profit before tax for the year stood at ₹ 368 crore,
ambition to build a strong high-tech manufacturing compared to ₹ 293 crore in the previous year. This
base through OEPC services for semiconductors, increase is the result of disciplined execution, careful
batteries, solar modules, industrial glass, and green cost management, and higher-value projects in both
chemical projects. We also led EPCM efforts for key domestic and international markets. The contribution
solar-linked manufacturing facilities and helped expand of new sectors, along with an improved project mix,
core sectors such as steel and soda ash production. In has strengthened our financial resilience. The successful
infrastructure, we contributed to sustainability-led urban acquisition of CDI Engineering Solutions contributed
development. Our programme management and design ₹ 221 crore in revenue during its first year of integration.
support on projects like the IIT Bombay campus and the As the integration deepens, CDI’s project pipeline and
Nag River Pollution Abatement Project demonstrated our sectoral expertise are expected to contribute further to
ability to lead multidisciplinary initiatives. We supported our global growth in the coming year.
large-scale tunnel engineering, urban water systems,
and peer reviews, driving cost-effective and future-ready We maintained a strong order book and stable cash flows
outcomes for complex projects. during the year. Our Contract Central platform, supported
by project analytics and structured reviews, improved
In the power sector, we deepened our leadership in both visibility and helped drive timely, well-informed decisions.
conventional and renewable power. We are contributing These tools also strengthened cost control, enhanced
to over 12 GW of thermal power capacity development financial discipline, and supported effective governance
and have continued our dominance in India’s pumped across the organisation. Our entry into new geographies
storage plant (PSP) segment, maintaining an 80% market such as Australia and the Philippines, combined with
share. Globally, we supported hydroelectric power deeper engagements in North America and the Middle
projects in Bhutan & Tanzania, renewable energy projects East, led to stronger revenue streams. Our focus on
in Australia and the Philippines, and feasibility studies for high-value, technology-intensive assignments allowed us
sea-based floating solar projects in the Middle East. Our to maintain profitability and increase project complexity
policy work on Small Modular Reactor (SMR) and Bharat without compromising execution rigour. Overall, the year
Small Reactors (BSR) were acknowledged in the Union marked a disciplined expansion phase, characterised
Budget, reaffirming our role in shaping India’s nuclear by increased global relevance and improved delivery
energy strategy, which is critical to achieving the vision of margins.
Viksit Bharat by 2047.

Engineering Excellence, Enabling Growth | 15