Tata Technologies’ profits increased by 5.09 per cent YoY in Q1. The company registered a total of 170.28 crore profit in Q1FY26, against Rs 162.03 crore profit in QFY25.
Meanwhile, the Q1FY26 revenue was down 1.94 per cent, year-on-year, to Rs 1,244.29 crore QFY26, from Rs 1,268.97 crore in Q1FY25.
Furthermore, the company posted EBITDA margins of 13.57 percent in the quarter.
The management is, however, remains optimistic for the rest of the year. “As we look ahead, we remain optimistic about a sequential recovery in Q2 and a stronger second half of FY26.”, said Warren Harris, Chief Executive Officer and Managing Director of Tata Technologies.
Tata Tech in Q1: Key deal wins
Tata Technologies signed a deal with Volvo Cars to meet the product engineering demands of the European car company. As per the deal, the company will provide embedded software and the Product Lifestyle Management services.
Similarly, the company formed a partnership with Emerson to co-develop integrated next-gen mobility testing solutions. Furthermore, Tata Tech has signed multiple deals with various OEMs in North America and Europe for services such as digital products, body engineering and critical support.
“As we progress through the year, our focus remains on executing with agility, strengthening strategic relationships, and delivering sustainable value to our stakeholders”, said Savitha Balachandran, Chief Financial Officer of Tata Technologies.