Tata Technologies Limited, a global product engineering and digital services company, reported steady performance for the quarter ended December 31, 2025, demonstrating resilience amid seasonal softness and temporary headwinds.

Total operating revenues stood at Rs 13,657 million, marking a 3.2 per cent quarter-on-quarter increase. Services segment revenues rose 4.7 per cent QoQ to Rs 10,602 million, while services revenues in US dollar terms reached USD 118.6 million, up 2.6 per cent QoQ. Operating EBITDA was Rs 1,929 million, translating into an EBITDA margin of 14.1 per cent. Adjusted net income was Rs 1,350 million, with a net income margin of 9.9 per cent. The company reported a last-twelve-month attrition rate of 15.8 per cent and a workforce strength of 12,580.

Q3 FY26 margins exclude a one-time exceptional item related to the new labour code and acquisition-related costs.

Warren Harris, Chief Executive Officer and Managing Director, said, “Q3 demonstrated the resilience and strength of our business, delivering growth despite seasonal softness and temporary headwinds. With strong vertical performance, six strategic deal wins, and continued investment in delivery capacity, we are poised for a sharp acceleration in Q4. We expect sequential revenue growth of over 10 per cent , signalling a clear inflection point. More importantly, the structural changes we’ve driven — portfolio diversification, reduced concentration risk, and the Es-Tec acquisition — have transformed our growth engine into one that is broader and stickier.”

Uttam Gujrati, Chief Financial Officer, added, “We made steady progress on our strategic priorities during the quarter. ES-Tec integration is on track and already creating joint opportunities. Margin headwinds from Q3 are behind us, and we expect to return to—and exceed—the Q2 adjusted margin run-rate. Our disciplined workforce strategy and investments in future-ready skills position us well for sustainable growth. We remain focused on delivering long-term value for our customers and shareholders.”

During the quarter, Tata Technologies secured multiple strategic wins with global and European automotive OEMs across full vehicle programmes, embedded and software engineering, circularity solutions, and chassis and climate systems. The company also strengthened its public-sector presence, with the Governments of Uttar Pradesh and Tamil Nadu selecting Tata Technologies to upgrade 121 and 44 polytechnics respectively with Industry 4.0 technologies.