Tata Technologies reported its consolidated results for the quarter ended June 30, 2025, showing a sequential decline in revenues and EBITDA margins while maintaining profitability and strong deal momentum.
The company’s total operating revenue stood at ₹12,443 million, down 3.2% QoQ, compared to the March 2025 quarter. Net income for the quarter came in at ₹1,703 million, up 5.1% YoY, while net income margin improved to 13.7% from 12.8% YoY.
On the operating front, EBITDA stood at ₹2,001 million, with EBITDA margin at 16.1%, compared to 18.28% in Q1 FY25, reflecting some margin pressure due to softer revenues and increased costs. In USD terms, the services segment revenue was reported at $112.5 million.
Attrition over the last twelve months (LTM) rose to 13.8%, compared to 13.2% in the previous quarter, while workforce strength was recorded at 12,407 employees.
Key highlights of the quarter include six strategic deal wins, robust cash flow performance, and notable recognitions such as engagements with leading global OEMs and a strategic partnership with Emerson for next-gen mobility solutions.
Management commentary remained optimistic about a sequential recovery in the upcoming quarters, underpinned by a robust deal pipeline and strong client confidence.
Q1 FY26 Key Metrics (QoQ):
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Revenue: ₹12,443 million (↓3.2% QoQ)
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EBITDA: ₹2,001 million (↓ from ₹2,300 million YoY)
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EBITDA Margin: 16.1% (↓ from 18.28% YoY)
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Net Profit: ₹1,703 million (↑5.1% YoY)
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Net Profit Margin: 13.7% (↑ from 12.8% YoY)
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Workforce: 12,407
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Attrition (LTM): 13.8%
Management statements:
CEO Warren Harris highlighted steady client confidence, strong deal momentum, and optimism for a stronger second half of FY26. CFO Savitha Balachandran emphasized disciplined capital management and efficiency across operations, despite challenging conditions.
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