Tata Technologies reported a net profit of Rs 165.50 crore for the second quarter of the financial year 2026 today. This marks a rise of more than 5 percent from the Rs 157.41 crore net profit reported in the corresponding quarter of FY25.
Sequentially, net profit however declined nearly 3 percent from the Rs 170.28 crore reported in the previous quarter (Q1 FY26).
The Tata Group company’s revenue from operations rose more than 2 percent year-on-year (YoY) to Rs 1,323.33 crore in Q2 FY26, as against Rs 1,296.45 crore in Q2 FY25. Expenses grew 5 percent YoY to Rs 1,150.97 crore during the quarter under review.
Tata Tech's LTM attrition rate stood at 15.1 percent, while workforce strength at the end of the quarter was reported at 12,402.
'May see some short-term, tactical challenges in Q3'
Speaking about the firm's performance in Q2 FY26, Tata Tech CEO and MD Warren Harris said it 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," he added.
"While we may see some short-term, 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," he further said.
'We remain cautious about near-term demand softness'
CFO Savitha Balachandran meanwhile 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."
Also read: Our LIVE blog on Q2 results
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