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The company’s net income for the quarter ended September 30, 2026 stood at Rs 171 crore, compared with Rs 166 crore in the same quarter last year. Operating revenue rose 28% YoY to Rs 1,699 crore, while services segment revenue grew 34% to Rs 1,356 crore. Operating EBITDA increased 32% YoY to Rs 273 crore, with EBITDA margin at 16.1%, up 40 basis points from a year earlier and flat sequentially. Net income margin stood at 10.1%. In dollar terms, services revenue came in at $142 million, up 4.3% quarter-on-quarter in constant currency. The company’s workforce stood at 12,895, while last-twelve-month attrition was 15.6%. Tata Technologies said the quarter reflected sustained growth momentum and resilient margins. The company, which provides product engineering and digital services, works with global manufacturers across automotive, aerospace, industrial heavy machinery and other sectors. CEO and MD Warren Harris said the strong second-quarter performance reinforced the company’s positive outlook for FY27. He said Tata Technologies remained confident of delivering strong double-digit growth for the full year, supported by robust demand, ongoing programme ramp-ups and healthy pipeline conversion. Harris said the company’s leadership in product realisation, growing full-vehicle development capabilities, expanding aerospace presence and AI-native transformation were helping it become a more differentiated engineering and technology partner. CFO Uttam Gujrati said the 28% revenue growth and 32% EBITDA growth reflected the strength of the company’s diversified portfolio, improving deal momentum and disciplined execution. He said the company continued to face some near-term challenges in certain customer segments and geographies, but the underlying demand environment remained encouraging. The company also announced several deal wins during the quarter. Tata Technologies won a $138 million full-vehicle programme from a leading luxury European automotive OEM, strengthening its role as an end-to-end engineering partner across product development, manufacturing engineering, technical leadership and programme management for two vehicle platforms. A leading North American commercial vehicle manufacturer selected Tata Technologies to lead end-to-end development of a new vehicle platform and support the related digital ecosystem. The company also secured an engagement with a global automotive OEM to support development and virtual validation of next-generation vehicle software platforms. In another win, Tata Technologies was selected as a strategic digital transformation partner by a European Tier 1 supplier to support modernisation of manufacturing operations across global plants. A North American Tier 1 supplier also selected the company to take responsibility for a strategic engineering centre. Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and his ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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