Tata Tech Q2 results: Profit jumps 3.5% YoY to ₹171 crore, EBITDA margin expands; check earnings

In the corresponding period of the preceding fiscal year, the company had clocked a profit of ₹165.50 crore, according to a regulatory filing.

Its consolidated revenue from operations stood at ₹1,698.80 crore during the quarter under review, marking a 28.37% YoY increase from ₹1,323.33 crore in the September quarter of the 2025-26 fiscal year (Q2 FY26).

In USD terms, Tata Tech’s total operating revenue came in at $177.9 million, up 19.1% YoY and 1.4% quarter-on-quarter (QoQ) on an organic constant currency (CC) basis, the investor presentation said. In the year-ago period, it was $150.9 million.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, advanced 31.5% YoY to ₹273.3 crore in the July-September quarter of FY27, as against ₹207.8 crore in the year-ago period.

Its EBITDA margin expanded by 40 basis points (bps) YoY to 16.1% for the reporting quarter, from 15.7% in the second quarter of FY26.

The company saw its voluntary attrition in the last twelve months (LTM) increase to 15.6% in Q2 FY27, from 15.1% in the same period last year.

Its employee headcount rose to 12,895 from 12,402 in the September quarter of the previous financial year.

Segment-wise revenue

The services segment contributed 80% to the company’s revenue mix, while the technology solutions segment made up the remaining 20% in the September quarter of the current fiscal year.

Furthermore, onshore revenue, which includes services revenue sourced outside India and Romania, contributed 65% to its revenue mix, and the remaining 35% was generated from offshore revenue. Offshore revenue refers to services revenue delivered from India and Romania, it said.

In CC terms, services segment revenue advanced 26.2% YoY to $141.9 million during the quarter under review, in contrast to $115.6 million last year.

What the management said

Commenting on the earnings, Warren Harris, Chief Executive Officer and Managing Director, said: “I am pleased with our strong performance in Q2, with revenues growing 28% year-on-year, reinforcing our positive outlook for FY27. 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.”

He further stated that the company, through its leadership in product realisation, growing full-vehicle development capabilities, expanding aerospace presence, and AI-native transformation, is becoming a “highly differentiated engineering and technology partner, well-positioned for sustainable long-term growth”.

The company’s strong Q2 performance, highlighted by 28% revenue and 32% EBITDA growth, reflected the strength of its diversified portfolio, improving deal momentum, and disciplined execution, said Uttam Gujrati, Chief Financial Officer.

“While we continue to navigate some near-term challenges, particularly within certain customer segments and geographies, the underlying demand environment remains encouraging, and our strategic programs continue to scale well,” Gujrati added.

He further stated that the firm, supported by a strong order pipeline, a healthy balance sheet, and continued investments in talent and capabilities, remains well-positioned to capitalise on the “significant opportunities ahead”.

Shares of Tata Tech closed 0.25% higher at ₹745.55 per unit on the National Stock Exchange (NSE) on Wednesday, October 14. However, the results were announced after the market closed.

Tata Technologies has a total market capitalisation of ₹30,273.19 crore as of October 14, 2026, according to data on the NSE.