Pune-based Tata Technologies Ltd has reported a consolidated net profit of ₹171.44 crore for the second quarter of the fiscal year 2027, marking a 3.59% rise compared to the ₹165.50 crore recorded in the same period last year. The results, announced after market hours on Wednesday, reflect a robust performance driven by strong revenue growth.
Revenue Growth and Segment Performance
During Q2 FY27, the company's total operating revenue surged by 28.4% year-on-year (YoY) to reach ₹1,698.8 crore. The services segment, a key driver for Tata Technologies, experienced even stronger growth, with its revenue increasing by 33.9% YoY to ₹1,355.7 crore. In US dollar terms, services segment revenue stood at $141.9 million, showing a 4.3% quarter-on-quarter (QoQ) increase in constant currency.
Operational Efficiency and Margins
Tata Technologies demonstrated improved operational efficiency, with its operating EBITDA rising 31.5% YoY to ₹273.3 crore in the second quarter. The EBITDA margin expanded by 40 basis points (bps) YoY, reaching 16.1%, though it remained flat sequentially. The net income margin for the quarter was reported at 10.1%.
Workforce and Future Outlook
The company's workforce strength stood at 12,895 employees, with an attrition rate of 15.6%. Warren Harris, Chief Executive Officer and Managing Director of Tata Technologies, expressed confidence in the company's trajectory. He stated, “We remain confident in delivering strong double-digit growth for the full year, supported by robust demand, ongoing program ramp-ups, and healthy pipeline conversion.” Harris emphasized the company's leadership in product realization, growing full-vehicle development capabilities, expanding aerospace presence, and AI-native transformation as key differentiators positioning Tata Technologies for sustainable long-term growth.
Market Reaction
Following the announcement, Tata Technologies shares saw a slight uptick, edging up 0.27% to settle at ₹745.10 on Wednesday.