Tata Technologies Q2 Profit Rises 4% as Revenue Jumps 28%
What Happened
Tata Technologies announced its second‑quarter FY27 results. Net profit rose 4% year‑on‑year to ₹171 crore, compared with ₹166 crore last year. Operating revenue grew 28% YoY to ₹1,699 crore, driven by strong momentum in its services segment, which rose 34% to ₹1,356 crore. Operating EBITDA increased 32% YoY to ₹273 crore, with margins steady at 16.1%. The company’s workforce stood at 12,895, with attrition at 15.6%. CEO Warren Harris said the results reinforced confidence in delivering double‑digit growth for FY27, supported by robust demand, programme ramp‑ups, and new deal wins, including a $138 million full‑vehicle programme from a European luxury automotive OEM.
Key Takeaways
Tata Technologies’ Q2 results show resilient margins and strong revenue growth, reflecting demand in automotive and manufacturing engineering. The company’s pipeline and new partnerships position it for sustained double‑digit growth in FY27.