Tata Technologies Q2 Net Income At ₹171.4 Crore, Operating Revenue Rises 28.4% YoY
Mumbai: Tata Technologies Limited reported a net income of ₹171.4 crore for the quarter ended 30 September 2026. The company's operating revenue increased by 28.4% year-on-year to ₹1,698.8 crore. Financial Performance Operating EBITDA for the quarter stood at ₹273.3 crore, marking a 31.5% increase year-on-year. The EBITDA margin was 16.1%, up 40 basis points year-on-year and flat…
Mumbai: Tata Technologies Limited announced a net income of ₹171.4 crore for the quarter ending on September 30, 2026. The company's operating revenue surged by 28.4% compared to the same period last year, reaching ₹1,698.8 crore. Operating EBITDA for the quarter increased by 31.5% year-on-year, totaling ₹273.3 crore. The EBITDA margin improved by 40 basis points to 16.1% on a year-on-year basis.
In Q1, the company reported a net profit of up 8% and revenue that reached ₹1,664 crore. Within the Services Segment, revenue grew by 33.9% year-on-year to ₹1,355.7 crore, which translates to $141.9 million on a constant currency basis. This represents a 4.3% increase quarter-on-quarter.
Warren Harris, CEO and Managing Director of Tata Technologies, commented on the company's strong performance in Q2, stating that revenue grew by 28% year-on-year. Harris expressed confidence in the company's outlook for FY27, predicting strong double-digit growth throughout the year. This growth is expected to be driven by demand, programme ramp-ups, and the conversion of the pipeline.
The company's workforce stands at 12,895 employees, with an overall attrition rate of 15.6% over the last twelve months. Tata Group has also collaborated with the Uttar Pradesh government, with the Chief Minister, Yogi Adityanath, inaugurating the first Advanced Technology CoE in the eastern region.
Tata Technologies has secured significant deals, including a $138 million full vehicle program with a European automotive OEM. This deal covers end-to-end engineering, product development, manufacturing, technical leadership, and programme management for two vehicle platforms.
Additionally, the company was chosen by a North American commercial vehicle manufacturer to lead the development of a new vehicle platform and its digital ecosystem. Furthermore, a global automotive OEM has engaged Tata Technologies for the development and virtual validation of next-generation vehicle software platforms.
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