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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Tata Technologies
Tata Technologies (TATATECH) investor relations material
Tata Technologies Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary14 Oct, 2026
Executive summary
Q2 FY27 revenue was ₹1,698.80 crore, up 28.4% YoY in reported INR terms and 22.2% in constant currency; operating EBITDA margin was 16.1%.
Five large deals were secured, including a $138 million full-vehicle program; strong double-digit FY27 growth guidance was reiterated.
Financial highlights
Operating revenue was ₹16,988 million, up 28.4% YoY and 2.1% QoQ; organic YoY growth was 25.1%.
Services revenue was ₹13,557 million, up 33.9% YoY and 4.5% QoQ; organic YoY growth was 29.5%.
Operating EBITDA was ₹2,733 million, up 31.5% YoY and 2.2% QoQ; the 16.1% margin faced a 100 bps salary-increment headwind.
EBIT was ₹2,387 million, up 25.3% YoY; net income was ₹171.44 crore versus ₹165.50 crore a year earlier.
H1 revenue was ₹3,363.43 crore versus ₹2,567.62 crore; H1 net profit was ₹352.19 crore versus ₹335.78 crore.
Outlook and guidance
FY27 outlook remains for strong double-digit consolidated revenue growth, supported by demand, program ramp-ups and pipeline conversion.
Sequential margin improvement is expected in H2, including Q3; management expects to finish FY27 strongly.
Large program ramp-ups are expected to contribute more meaningfully in H2; the $138 million program is ramping and supports the order book for next year and beyond.
Long-term margin “North Star” targets remain 18% and 20%.
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Latest events from Tata Technologies
- Record FY22 growth and stronger margins, led by broad-based engineering and digital demand.TATATECH
Q4 21/22 - Revenue rose 25.1%, PAT 42.8%, and operating margin expanded to 18.6%.TATATECHQ4 22/23
- COVID-19 hit FY21 revenue, but sequential recovery, cash generation and deal wins strengthened the FY22 outlook.TATATECHQ4 20/21
- Revenue growth and a debt-free balance sheet anchor FY24 performance.TATATECHQ4 23/24
- Q1 FY27 delivered up to 33.8% YoY revenue growth, margin gains, and major strategic wins.TATATECHQ1 26/27
- Strong revenue growth, major acquisition, and margin recovery set up a robust Q4 outlook.TATATECHQ3 25/26
- Q2 FY25 revenue up 2.2%, margins steady, strong order book; H2 outlook remains robust.TATATECHQ2 24/25
- Q1 FY25 revenue fell 2.5% sequentially, but net profit rose 3.1% and outlook remains positive.TATATECHQ1 24/25
- Sequential revenue up 1.7%, aerospace up 39%, and strong deal wins support growth outlook.TATATECHQ3 24/25
Next Tata Technologies earnings date
Investor day 202619 Nov, 2026
Tata Technologies
Next Tata Technologies earnings date
Investor day 202619 Nov, 2026
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Frequently asked questions
Tata Technologies Limited, a subsidiary of the Tata Group, operates as a global engineering and product development digital services company. It specializes in providing services across several sectors including automotive, aerospace, defense, and industrial heavy machinery. The company offers a comprehensive suite of services such as product life cycle management (PLM), business consulting, connected enterprise information technology (CEIT), process optimization, re-engineering, plant automation, and supply chain integration. Tata Technologies is headquartered in Pune, India, and its shares are listed on the Bombay Stock Exchange.