Tata Technologies announced July to September quarter results for fiscal 2027 on Wednesday, October 14. The company's net profit slipped 5.19% to Rs 171 crore in the quarter from Rs 181 crore in the previous quarter.
Revenue rose 2% to Rs 1,699 crore for the quarter ended on September 30, 2026 from Rs 1,665 crore in the Q1FY27. In terms of oeprations, EBIT fell 1.2% to Rs 219 crore in the second quarter of current fiscal from Rs 222 crore in first quarter. EBIT margin contracted to 12.9% quarter-on-quarter from 13.3%.
Speaking on Q2 show and outlook, Chief Executive Officer and Managing Director Warren Harris said "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 added, "Through our leadership in product realization, growing full-vehicle development capabilities, expanding Aerospace presence, and AI-native transformation, we believe Tata Technologies is becoming a highly differentiated engineering and technology partner, well-positioned for sustainable long-term growth."
Tata Technologies (Q2 FY27, QoQ)
- Net profit down 5.19% to Rs 171 crore from Rs 181 crore.
- Revenue up 2% to Rs 1,699 crore from Rs 1,665 crore.
- EBIT down 1.2% to Rs 219 crore from Rs 222 crore.
- EBIT margin at 12.9% versus 13.3% QoQ.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.