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Tata Technologies reports strong Q1 with 34% revenue growth, wins $100 million Tenneco deal

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Tata Technologies reports strong Q1 with 34% revenue growth, wins $100 million Tenneco deal

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Tata Technologies reports strong Q1 with 34% revenue growth, wins $100 million Tenneco deal
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DBT Bureau

Pune, 18 July 2026

Tata Technologies Limited announced financial results for the quarter ended June 30, 2026.

Quarter ended June 30, 2026, results highlights.

Total company operating revenue stood at ₹16,646 million, registering a 5.9% quarter-on-quarter (QoQ) and 33.8% year-on-year (YoY) increase. The services segment generated revenue of ₹12,969 million, up 6.3% QoQ and 34.6% YoY, while in USD terms, services segment revenue reached $136.6 million, reflecting a 4.3% QoQ growth in constant currency. Operating EBITDA came in at ₹2,674 million, rising 6.1% QoQ and 33.6% YoY, with the EBITDA margin improving marginally to 16.1% from 16.0% in the previous quarter. Net income stood at ₹1,808 million, up 11.3% QoQ, with the net income margin expanding by 50 basis points QoQ to 10.9%. The company’s workforce strength stood at 12,579, while the last twelve months (LTM) attrition rate was reported at 16.0%.

Warren Harris, Chief Executive Officer and Managing Director, said: “I am encouraged by the continued momentum in our business, with the strong execution in the second half of FY26 carrying into Q1 and delivering a solid 34% YoY increase in revenues. The demand environment remains constructive, reflected in healthy activity across our strategic growth areas, a robust pipeline of large opportunities, improving deal conversion, and greater visibility across key customer programs. Combined with our ongoing investments in AI, disciplined focus on operational efficiency, and continued portfolio diversification, we believe we are well positioned to deliver strong double-digit organic revenue growth in FY27.”

Uttam Gujrati, Chief Financial Officer, said: “We remain encouraged by a constructive demand environment that continues to support strategic investments in engineering, digital transformation, and next-generation mobility. While we remain mindful of the evolving macroeconomic backdrop, our focus remains firmly on disciplined execution, operational excellence, and prudent capital allocation. These priorities, together with our diversified business mix and resilient margins, position us well to capture emerging opportunities while continuing to invest in capabilities that strengthen our long-term competitiveness.”

Key highlights and recognitions:

  • Tata Technologies secured a $100 million strategic partnership with Tenneco, covering engineering, digital, and business process transformation, leveraging AI and automation to drive greater efficiency, scalability, and business outcomes across the delivery model.
  • A leading Japanese automotive OEM has selected Tata Technologies for a full vehicle engineering program, reinforcing our end-to-end vehicle engineering credentials, marking a scaled entry into the Japanese market while strengthening our Asia footprint.
  • Tata Technologies has been entrusted with a multi-year engagement by a leading European luxury automotive OEM, taking ownership across engineering, manufacturing, supply chain, purchasing, and IDT domains.
  • Tata Technologies has been selected by a North American Industrial equipment manufacturer to accelerate its digital engineering transformation and advance nextgeneration software-defined platform initiatives, underscoring the growing demand for our integrated engineering and digital capabilities.
  • A leading European automotive OEM has partnered with Tata Technologies for a significant engineering engagement spanning critical vehicle engineering and propulsion programs across body electronics, steering systems, and propulsion & energy engineering – supporting the development of next-generation vehicle platforms and advancing the customer’s electrification roadmap.
  • Tata Technologies won a strategic PLM and Engineering Data Platform transformation engagement with a leading European automotive OEM, focused on modernizing enterprise engineering systems and enhancing digital product lifecycle capabilities.

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