Tata Technologies Q1: Net profit dips 10%, revenue falls to ₹1,244 crore; firm expects stronger second half

The company’s revenue from operations also slipped 3.2% quarter-on-quarter (QoQ) to ₹1,244.29 crore in Q1 FY26 in contrast to ₹1,285.65 crore in Q4 FY25.

The firm’s services segment revenue for the quarter under review stood at ₹963.7 crore.

For Q1 FY26, the earnings before interest and taxes (EBIT) fell 17% to ₹168.81 crore as against ₹202.26 crore QoQ. Tata Technologies' margin shrank 13.6% in Q1 FY26 from 15.7% in Q4 FY25.

Attrition came in at 13.8% as compared to 13.2% in the past quarter, while workforce strength was reported at 12,407 by the end of the quarter.

In dollar terms, Tata Technologies' total operating revenue stood at $145.3 million, while services segment revenues came in at $112.5 million.

“While the quarter began on a cautious note, client confidence strengthened steadily as the period progressed, reaffirming long-term commitments to product innovation and digital transformation. This renewed belief in building the future supported strong deal momentum, resulting in six strategic wins,” said Warren Harris, Chief Executive Officer and Managing Director of Tata Technologies.

• A leading European luxury automotive OEM has engaged Tata Technologies to deliver technical services across key domains.

• A leading Asian airline has partnered with Tata Technologies to deliver a fully integrated aircraft docking system.

• A leading global CV OEM has chosen Tata Technologies as a preferred engineering partner in a multi-year strategic engagement to set up a dedicated ODC, delivering end-to-end product engineering support across its brand portfolio.

• Volvo Cars has selected Tata Technologies as a strategic supplier for product engineering, embedded software, and PLM—reinforcing our role in driving their transition to software-defined and sustainable mobility.

• Tata Technologies and Emerson have formed a strategic partnership to co-develop integrated testing and validation solutions for next-gen mobility.

• A leading North American global automotive Tier-1 supplier has selected Tata Technologies to deliver critical engineering support across multiple units.

• A leading global automotive contract manufacturer selected Tata Technologies for a multiyear, multiplant SAP S/4 implementation.

“As we look ahead, we remain optimistic about a sequential recovery in Q2 and a stronger second half of FY26. Our deal pipeline today is more robust than a year ago, and the early momentum we are seeing provides greater visibility and conviction in improved conversion through the year,” Harris further said.

On Monday, Tata Technologies shares settled at ₹713.90 apiece on the National Stock Exchange, rising 0.72%.