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Tata Technologies Q2 Results: Revenue surges 28% to Rs 1,699 crore
- •Tata Technologies announced its financial results for the second quarter, reporting a 28.4% year-on-year increase in total operating revenue to Rs 1,698.8 crore.
- •The company's operating EBITDA rose by 31.5% year-on-year to reach Rs 273.3 crore, with an EBITDA margin standing at 16.1%.
- •Net income for the quarter came in at Rs 171.4 crore compared to Rs 165.5 crore in the corresponding quarter of the previous year.
- •CEO and Managing Director Warren Harris expressed strong confidence in achieving robust double-digit growth throughout the financial year 2027.
- •Tata Technologies secured a major $138 million full-vehicle program from a leading European luxury automobile OEM during the quarter.
Key Questions Answered
Tata Technologies reported a 28.4% year-on-year increase in total operating revenue to ₹1,698.8 crore for the second quarter of FY27. The company's net income reached ₹171.4 crore, while operating EBITDA grew by 31.5% to ₹273.3 crore.
During the second quarter, Tata Technologies secured a $138 million full-vehicle program from a leading European luxury automobile OEM to provide product development and manufacturing engineering services. It was also chosen by a major North American commercial vehicle manufacturer for end-to-end platform development and secured software and digital transformation contracts with global automotive and Tier-1 clients.
CEO and Managing Director Warren Harris expressed strong confidence in achieving double-digit growth throughout FY27. This optimism is driven by strong demand, program expansions, new business conversions, and the company's core capabilities in product development, aerospace expansion, and AI-driven transformations.
