Tata Technologies Ltd

On a year on year (YoY) basis, the company's revenue increased 3.67% while profit declined 96.06% in Q3 FY26, respectively. Profit before tax (PBT) stood at Rs 22.97 crore in Q2 FY26, down 89.83% QoQ and up 89.84% YoY. Excluding the one-time exceptional item related to the new labor code and one-off acquisition-related costs, net income stood at Rs 135 crore, with a net income margin of 9.9% during the quarter. Operating EBITDA stood at Rs 192.9 crore in Q3 FY26, down 7.2% QoQ. Operating EBITDA margin fell 14.1% in Q3 FY26 as against 15.1% in Q2 FY26 and 17.8% in Q3 FY25. Services segment revenue of Rs 1,060.2 crore in Q3 FY26, up 4.7% QoQ. In USD terms, services segment revenues came in at $118.6 million in Q3 FY26, up 2.6% QoQ. In Q3 FY26, [LTM] attrition came in at 15.8% compared with 15.1% in Q2 FY26. Workforce strength stood at 12,580 as on 31st December 2025. Warren Harris, chief executive officer (CEO) and managing director(MD), said: 'Q3 demonstrated the resilience and strength of our business, delivering growth despite seasonal softness and temporary headwinds. With strong vertical performance, six strategic deal wins, and continued investment in delivery capacity, we are poised for a sharp acceleration in Q4. We expect sequential revenue growth of over 10%, signalling a clear inflection point. More importantly, the structural changes we've driven ' portfolio diversification, reduced concentration risk, and the Es-Tec acquisition ' have transformed our growth engine into one that is broader and stickier.' Uttam Gujrati, chief financial officer (CFO), said: 'We made steady progress on our strategic priorities during the quarter. ES-Tec integration is on track and already creating joint opportunities. Margin headwinds from Q3 are behind us, and we expect to return to'and exceed'the Q2 adjusted margin run-rate. Our disciplined workforce strategy and investments in future-ready skills position us well for sustainable growth. We remain focused on delivering long-term value for our customers and shareholders.' Tata Technologies is a global product engineering and digital services company. The counter rose 0.58% to settle at Rs 650.40 on the BSE.Powered by Capital Market - Live

Net profit of Tata Technologies declined 96.06% to Rs 6.64 crore in the quarter ended December 2025 as against Rs 168.64 crore during the previous quarter ended December 2024. Sales rose 3.67% to Rs 1365.73 crore in the quarter ended December 2025 as against Rs 1317.38 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1365.731317.38 4 OPM %14.1217.76 - PBDT222.83256.64 -13 PBT186.83226.19 -17 NP6.64168.64 -96 Powered by Capital Market - Live

Tata Technologies has allotted 20,751 equity shares under the 'Tata Technologies Limited Share based Long Term Incentive Scheme 2022' on 09 January 2026. Consequent to the aforesaid allotment, the paid-up equity share capital of the company stands increased to Rs 81,15,28,710 divided into 40,57,64,355 equity shares of Rs 2 each.Powered by Capital Market - Live

Tata Technologies will hold a meeting of the Board of Directors of the Company on 16 January 2026.Powered by Capital Market - Live

Tata Technologies has allotted 31,764 equity shares under 'Tata Technologies Limited Share based Long Term Incentive Scheme 2022' on 01 December 2025. Post allotment, the paid up equity share capital of the company has increased to Rs 81,14,87,208 divided into 405743604 equity shares of Rs 2 each.Powered by Capital Market - Live

The company also announced the resignation of Savitha Balachandran from the post of CFO and KMP to pursue other career opportunities. Uttam Gujrati is a seasoned finance leader with 20+ years in strategic finance, M&A, pricing, and transformation. He leads global business finance and strategy, driving IPO readiness, digital finance modernization, and margin expansion. A former CFO, he has strengthened governance, led audit readiness, and enabled global scale-up. Widely awarded, he is known for his data-driven, disciplined, and growth-focused leadership. Tata Technologies is a global product engineering and digital services company. The company's revenue and profit increased 2.07% and 5.14% in Q2 FY26, respectively. Shares of Tata Technologies rose 0.18% to close at Rs 679 on the BSE.Powered by Capital Market - Live

On a year on year (YoY) basis, the company's revenue and Profit increased 2.07% and 5.14% in Q2 FY26, respectively. Profit before tax (PBT) stood at Rs 225.87 crore in Q2 FY26, down 2.87% QoQ and up 3.86% YoY. Operating EBITDA stood at Rs 207.8 crore in Q2 FY26, up 3.8% QoQ. Operating EBITDA margin fell 15.7% in Q2 FY26 as against 18.2% in Q2 FY25. Services segment revenue of Rs 1,012.8 crore in Q2 FY26, up 5.1% QoQ. In USD terms, services segment revenues came in at $115.6 million in Q2 FY26, up 2.7% QoQ. In Q2 FY26, [LTM] attrition came in at 15.1% compared with 13.1% in Q2 FY25. Workforce strength stood at 12,402 as on 30th September 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 shortterm, 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.' 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. 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.' Meanwhile, the company announced a strategic collaboration with Synopsys, the leading provider of engineering solutions from silicon to systems, to accelerate the shift towards software-defined mobility. Both companies will leverage each other's expertise to provide innovative solutions that address SDV complexity and enable OEMs to assume a leadership role in a fast-changing mobility world. Tata Technologies is a global product engineering and digital services company. The counter shed 0.98% to end at Rs 685.55 on the BSE.Powered by Capital Market - Live

Net profit of Tata Technologies rose 5.14% to Rs 165.50 crore in the quarter ended September 2025 as against Rs 157.41 crore during the previous quarter ended September 2024. Sales rose 2.07% to Rs 1323.33 crore in the quarter ended September 2025 as against Rs 1296.45 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1323.331296.45 2 OPM %15.7018.17 - PBDT256.76247.38 4 PBT225.87217.48 4 NP165.50157.41 5 Powered by Capital Market - Live

Tata Technologies will hold a meeting of the Board of Directors of the Company on 17 October 2025.Powered by Capital Market - Live

Founded in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in driver assistance systems (ADAS), connected driving, and digital engineering. With a talent pool of over 300 skilled professionals, ES-Tec has built a strong reputation for delivering complex systems engineering solutions to its customers. Its revenue was euro 36.1 million in CY24. This acquisition marks a significant step forward in TTL's global growth strategy, reinforcing its commitment to delivering future-ready engineering solutions to the automotive industry. ES-Tec's established presence in Germany'one of the world's most advanced automotive innovation hubs'provides Tata Technologies with a strategic platform to scale its ER&D operations, access top-tier engineering talent, and deepen relationships with marquee OEMs. The consideration will be paid over the next two years and includes performance-based earn-outs. The transaction is expected to be EPS accretive from the first full year of operations. It is expected to be completed by 31st December 2025. 'The automotive industry is undergoing a profound transformation, with European OEMs accelerating R&D investments in ADAS/AD, electrification, and software-defined vehicle platforms. As a result, the market for Engineering Service Providers (ESPs) in Europe is projected to grow from euro 4.5 billion in 2020 to euro 11.7 billion by 2030. This trend presents significant opportunities for ES-Tec to expand its capabilities, strengthen its customer partnerships, and capture a larger share of high value development programs,' the company stated in exchange filing. Warren Harris, MD & CEO of Tata Technologies, said, 'The acquisition of ES-Tec Group is a strategic leap that enhances our ability to deliver end-to end product engineering solutions across the automotive value chain and represents our commitment to expand our global footprint in accessing innovative engineering capabilities. ES-Tec's technical depth, customer centricity, and regional strength align perfectly with our strategic vision to be the first partner choice for global OEMs navigating the shift towards intelligent, connected, and sustainable mobility.' Marc Wille, MD & CEO of ES-Tec said, 'Joining forces with Tata Technologies is a key step for the ES-Tec Group to extend the breadth and depth of capabilities and expand our international presence. Together, we are ready to take on the future challenges of the automotive industry ' delivering real value for our customers through competitive pricing, outstanding quality, and faster development cycles. Our goal is clear: to drive the global automotive industry forward, and together with Tata Technologies, become a partner of choice for the mobility sector.' Tata Technologies is a global product engineering and digital services company. The company has reported 5.1% increase in consolidated net profit to Rs 170.3 crore despite a 1.9% fall in revenue from operations to Rs 1,244.3 crore in Q1 FY26 as compared with Q1 FY25.Powered by Capital Market - Live