Tata Technologies Limited, a leading global product engineering and digital services company, today announced financial results for the quarter ended March 31, 2026.
Quarter ended March 31, 2026, results highlights.
• Total Company Operating Revenue stood at ₹15,722 million, up 15.1% QoQ
• Services Segment Revenue of ₹12,196 million, up 15.0% QoQ
• In USD terms, Services Segment Revenues came in at $132.6 million, up 11.9% QoQ in cc
• Operating EBITDA at ₹2,521 million, up 30.7% QoQ
• EBITDA Margin at 16.0% vs 14.1% QoQ
• Adj. Net Income* was at ₹1,625 million, up 20.3% QoQ; Net income margin* was at 10.3%, up 45 bps QoQ
• Workforce strength was at 12,646. [LTM] attrition came in at 16.2%
• The board recommended a final dividend of ₹8.35 per equity share, and a special dividend of ₹3.35 per equity share, subject to shareholder approval at the AGM.
*Q4’26 margins exclude one-time exceptional reversal due to new labor code
Warren Harris, Chief Executive Officer and Managing Director, said: “I am pleased that the momentum built in Q3 carried through to Q4, delivering 12% revenue growth in cc and a 190 bps margin expansion. This marks a clear inflection for the business, with growth broad‑based rather than concentrated in any single customer or program. Strong execution against guidance, improving order book visibility, and rising wins in full‑vehicle programs – which serve as a strategic wedge to deepen lifecycle engagement and enable systematic expansion across adjacent services – reinforce our confidence in FY27, where we continue to expect double‑digit organic growth with sustainable margin expansion.”
Uttam Gujrati, Chief Financial Officer, said: “We delivered an outstanding quarter, marked by strong revenue growth, meaningful margin expansion, and robust free cash flow generation, underscoring excellent execution across the organization. Margins expanded on the back of operating leverage and sustained focus on efficiency. As we enter the new fiscal year, we do so with strong momentum and remain firmly focused on operational rigor to drive durable growth and profitability.”
Key highlights and recognitions:
• Tata Technologies secured a multi‑year, multi‑million‑dollar full vehicle engineering program with a leading Japanese automotive OEM, marking a scaled entry into the Japanese market and strengthening its Asia footprint.
• A European luxury automotive OEM selected Tata Technologies to own their enterprise PLM Service Transformation and operations across all their product domains which includes Engineering, Manufacturing, supply chain, purchasing and IDT.
• Tata Technologies has entered into a multi‑year engagement with a Tier 1 automotive supplier for a superscale Global Engineering Centre (GEC) mandate. The engagement reinforces our position as a long‑term strategic partner and creates opportunities to scale across complementary engineering, digital, and lifecycle offerings.
• A North American commercial vehicle OEM has partnered with Tata Technologies to provide end‑to‑end services across PLM, Testing & QA, MES, and program management. This engagement supports the OEM’s key strategic initiatives by enabling digital transformation and driving operational efficiency across its existing systems.
• Tata Technologies has been engaged by a European automotive OEM to deliver supplier quality and coordination services, aimed at improving supplier governance and driving robust quality execution across the value chain
• A European automotive OEM has been selected Tata Technologies for a long-term Comfort Electronics development and integration engagement spanning multiple vehicle platforms.
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