Tata Technologies on Friday reported a net profit of Rs 165.50 crore for the quarter ended September 2025 (Q2 FY26), registering a year-on-year (YoY) growth of over 5 per cent from Rs 157.41 crore in the corresponding quarter last year. However, profit declined nearly 3 per cent sequentially from Rs 170.28 crore reported in Q1 FY26.
The Tata Group engineering and product development digital services company posted a 2 per cent YoY rise in revenue from operations to Rs 1,323.33 crore in Q2 FY26, compared to Rs 1,296.45 crore in the same period last year. Total expenses climbed 5 per cent YoY to Rs 1,150.97 crore during the quarter.
CEO and Managing Director Warren Harris said the company delivered “strong progress and positive momentum” during the quarter despite market challenges.
"We achieved a return to growth, upheld margin discipline, strengthened our strategic position in Europe, advanced our innovation agenda, and continued to invest in talent and partnerships that fuel long-term value creation," Harris said.
He added that while the upcoming quarter may see some soft patches, the company remains optimistic: "While we may see some short-term, tactical challenges in Q3, we remain confident in a solid rebound in Q4, supported by a robust pipeline, improving demand trends, and continued operational excellence. As we move into the second half of FY26, we do so with strong momentum, a resilient foundation, and a clear focus on accelerating sustainable, technology-led growth."
The company reported a last twelve months (LTM) attrition rate of 15.1 per cent, while its total headcount stood at 12,402 employees at the end of the quarter.
Commenting on the financial performance, CFO Savitha Balachandran said, "Q2 FY26 marked a quarter of financial resilience and operational discipline. Our margin performance remained stable despite ongoing macroeconomic challenges. We maintained a healthy balance sheet, enabling continued investments in strategic priorities. Looking ahead, while we remain cautious about near-term demand softness, we are confident in our ability to navigate the environment and deliver sustainable value creation in the second half of the fiscal year." |
