Tata Technologies Reports 28.4% Revenue Growth in Q2 FY27

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Image Courtesy: Tata Technologies

Tata Technologies Limited (BSE: 544028, NSE: TATATECH), a global product engineering and digital services company, reported operating revenue of ₹16,988 million for the quarter ended September 30, 2026, registering year-on-year growth of 28.4%. Revenue from the services segment increased 33.9% year-on-year to ₹13,557 million. In US dollar terms, services revenue stood at US$141.9 million, marking a 4.3% quarter-on-quarter increase in constant currency terms.

Operating EBITDA rose 31.5% year-on-year to ₹2,733 million, while the EBITDA margin improved by 40 basis points to 16.1%. The margin remained unchanged compared with the previous quarter. Net income stood at ₹1,714 million, compared with ₹1,655 million in the corresponding quarter of the previous financial year. The net income margin was 10.1%. The company had a workforce of 12,895 employees at the end of the reporting period, while last-twelve-month attrition stood at 15.6%.

Warren Harris, Chief Executive Officer and Managing Director of Tata Technologies, said the company delivered strong revenue growth during the quarter and remained confident of achieving strong double-digit growth for the full financial year. He attributed the outlook to customer demand, the expansion of existing programmes and the conversion of opportunities in the company’s pipeline. Mr Harris added that the company’s capabilities in product development, full-vehicle engineering, aerospace and AI-led transformation were helping it strengthen its position as an engineering and technology partner to global manufacturers.

Uttam Gujrathi, Chief Financial Officer, said the results reflected the company’s diversified business portfolio, improving deal momentum and disciplined execution. He noted that certain customer segments and geographies continued to face near-term challenges, but demand remained encouraging and strategic programmes were progressing.

During the quarter, Tata Technologies secured a US$138 million full-vehicle development programme with a leading European luxury automotive manufacturer. The engagement covers two vehicle platforms and includes product development, manufacturing engineering, technical leadership and programme management.

The company was also selected by a North American commercial vehicle manufacturer to lead the development of a new vehicle platform and support its digital ecosystem. Another global automotive manufacturer engaged Tata Technologies for the development and virtual validation of next-generation vehicle software platforms.

In addition, a European Tier 1 supplier selected the company to support digital transformation across its global manufacturing facilities. A North American Tier 1 supplier also appointed Tata Technologies to take responsibility for a strategic engineering centre. These engagements strengthen the company’s position across automotive engineering, software-defined vehicles, manufacturing transformation and integrated product development.

Tata Technologies works with manufacturers in automotive, aerospace, industrial machinery and other sectors. Its services span engineering research and development, embedded systems and software, and digital enterprise solutions, helping customers improve product development, operational efficiency and time to market.