Tata Technologies Q2 net profit up 5% to ₹166 crore; services revenue rises 5%

Global product engineering and digital services firm Tata Technologies Ltd on Friday (October 17) reported a 5.1% year-on-year increase in consolidated net profit to ₹166 crore for the second quarter, compared with ₹157 crore in the same period last year.The company’s revenue for the quarter rose 2.1% to ₹1,323 crore from ₹1,296 crore in the year-ago quarter. Operating performance showed mixed trends, with EBITDA declining to ₹208 crore from ₹235.5 crore in the corresponding period last year. EBITDA margin contracted to 15.7% from 18.1% in Q2 FY25.

The company’s Services segment revenue for the quarter stood at ₹1012.8 crore, up 5.1% quarter-on-quarter. In US dollar terms, the segment revenue was $115.6 million, reflecting a 2.7% increase QoQ.

Also Read: Tata Technologies selected as strategic supplier by Volvo for product and component engineeringOperating EBITDA for the quarter was ₹207.8 crore, up 3.8% sequentially, while adjusted EBITDA margin expanded by 30 basis points to 16.4%. Net income for the quarter was ₹165.5 crore, a 5.1% increase year-on-year, with net margin at 12.5%.
The company reported a last twelve months (LTM) attrition rate of 15.1% and had a total workforce strength of 12,402 employees as of September 30, 2025.Warren Harris, Chief Executive Officer and Managing Director, said, “Q2 FY26 was a quarter of strong progress and positive momentum. 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.

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.”

Also Read: Tata Technologies shares downgraded by BoFA Sec on limited near-term upside

Savitha Balachandran, Chief Financial Officer, 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.”

Also Watch | Warren Kevin Harris, MD & CEO, Tata Technologiesdiscusses the July-September 2025 (Q2FY26) figures in an interview with CNBC-TV18.

Shares of Tata Technologies Ltd ended at ₹685.55, down by ₹6.80, or 0.98%, on the BSE.