Tata Technologies announced a 3.2% quarter-over-quarter (QoQ) growth in operating revenues, reaching ₹13,657 million for the quarter ended December 31, 2025 (Q3 2026). The Services Segment Revenues increased by 4.7% QoQ to ₹10,602 million. The company anticipates over 10% sequential revenue growth in the next quarter. They also had six strategic deal wins.
Financial Highlights for Q3 2026
Tata Technologies (BSE: 544028, NSE: TATATECH) has released its financial results for the quarter ending December 31, 2025, revealing significant growth and strategic progress.
Key financial figures include:
- Total Operating Revenues: ₹13,657 million, a 3.2% increase QoQ.
- Services Segment Revenues: ₹10,602 million, up 4.7% QoQ. In USD terms, this is $118.6 million, a 2.6% increase QoQ.
- Operating EBITDA: ₹1,929 million.
- EBITDA Margin: 14.1%.
- Adjusted Net Income: ₹1,350 million; Net income margin was at 9.9%.
The company’s [LTM] attrition rate stands at 15.8%, with a workforce of 12,580 employees. The Q3’26 margins exclude a one-time exceptional item because of a new labor code and one-off acquisition costs.
Strategic Wins and Future Outlook
Warren Harris, Chief Executive Officer and Managing Director, stated that the company expects sequential revenue growth of over 10% in the coming quarter (Q4 2026), indicating a clear inflection point. He also highlighted the impact of portfolio diversification, reduced concentration risk, and the Es-Tec acquisition on the company’s growth engine.
Uttam Gujrati, Chief Financial Officer, mentioned the steady progress on strategic priorities during the quarter, with Es-Tec integration on track. He also expressed confidence in exceeding the Q2 adjusted margin run-rate, emphasizing the company’s disciplined workforce strategy and investments in future-ready skills.
Key Recognitions and Secured Programs
Tata Technologies highlighted several key achievements:
- Secured a strategic full vehicle program with a global automotive OEM.
- Entered a whitespace area in embedded and software engineering with a leading European automotive OEM.
- Engaged by a European luxury automaker to develop circularity solutions.
- Secured a strategic win with a premium European passenger vehicle OEM.
- Selected to lead a chassis & climate program across three platforms by a leading European Automotive OEM.
- Selected by the Government of Uttar Pradesh to upgrade 121 Polytechnics with industry 4.0 technology.
- Chosen by the Government of Tamil Nadu to upgrade 44 Polytechnics with industry 4.0 technology.
Source: BSE
