New Delhi, Oct 15: Tata Technologies Limited, a global product engineering and digital services company, today announced financial results for the quarter ended September 30, 2026.
Quarter ended September 30, 2026, results highlights.
- Total Company Operating Revenue stood at ₹16,988 million, up +28.4% YoY
- Services Segment Revenue was ₹13,557 million, up +33.9% YoY
- In USD terms, Services Segment Revenue came in at $141.9 million, up +4.3% QoQ in cc
- Operating EBITDA at ₹2,733 million, up +31.5% YoY
- EBITDA margin up +40bps YoY at 16.1%; Flat QoQ
- Net Income was at ₹1,714 million vs. ₹1,655 million in Q2 FY26
·Net income margin was at 10.1%
·Workforce strength was at 12,895. [LTM] attrition came in at 15.6%
Warren Harris, Chief Executive Officer and Managing Director, said:
“I am pleased with our strong performance in Q2, with revenues growing 28% year-on-year, reinforcing our positive outlook for FY27. We remain confident in delivering strong double-digit growth for the full year, supported by robust demand, ongoing program ramp-ups, and healthy pipeline conversion. Through our leadership in product realization, growing full-vehicle development capabilities, expanding Aerospace presence, and AI-native transformation, we believe Tata Technologies is becoming a highly differentiated engineering and technology partner, well-positioned for sustainable long-term growth.”
Uttam Gujrati, Chief Financial Officer, said:
“Our strong Q2 performance, highlighted by 28% revenue and 32% EBITDA growth, reflects the strength of our diversified portfolio, improving deal momentum, and disciplined execution. While we continue to navigate some near-term challenges, particularly within certain customer segments and geographies, the underlying demand environment remains encouraging, and our strategic programs continue to scale well. Supported by a strong order pipeline, a healthy balance sheet, and continued investments in talent and capabilities, we remain well-positioned to capitalize on the significant opportunities ahead.”
Key highlights and recognitions:
- Tata Technologies has won a $138 million full vehicle program with a leading luxury European Automotive OEM, strengthening its role as an end-to-end engineering partner across product development, manufacturing engineering, technical leadership, and program management for two vehicle platforms.
- A leading North American commercial vehicle manufacturer has selected Tata Technologies to lead the end-to-end development of a new vehicle platform and support the associated digital ecosystem.
- Tata Technologies secured a strategic engagement with a Global Automotive OEM to support the development and virtual validation of next-generation vehicle software platforms, reinforcing its capabilities in software-defined vehicles and embedded engineering.
- Tata Technologies has been selected as a strategic digital transformation partner for a European Tier 1, supporting the modernization of manufacturing operations across its global plants.
- A North American Tier 1 has selected Tata Technologies to assume responsibility for a strategic engineering center, reflecting growing customer confidence in our delivery capabilities.