Tata Technologies Q1 Results: Net profit at ₹170 crore, revenue declines to ₹1,244 crore | Stock Market News
Tata Technologies, a leading global product engineering and digital services company, released its June quarter performance today, post market hours. The company reported a 5.1% year-on-year rise in its consolidated net profit to ₹170 crore, while sequentially, net profit declined by 9.8%.
The consolidated revenue from operations declined both sequentially and year-on-year, falling 3.2% QoQ and 1.9% YoY to ₹1,244 crore, as the company reported weak performance across its core segments.
Revenue from the Services segment fell 5.9% QoQ and 2.2% YoY to ₹963 crore, while the Technology Solutions segment reported a 3.2% QoQ and 1.9% YoY decline to ₹280 crore
In US Dollar terms, the company reported a revenue of USD 145.3 million, down 2.1 per cent QoQ and 5.1 per cent YoY; on a constant‑currency basis, revenue slipped 4.6 per cent QoQ and 5.3 per cent YoY. Within that, the services segment contributed USD 112.5 million, a decline of 4.7 per cent QoQ and 6.8 per cent YoY (‑7.6 percent QoQ and ‑6.3 percent YoY in constant currency).
On the operating front, the EBITDA came in at ₹201 crore in Q1FY26, marking a decline of 14.3% quarter-on-quarter (QoQ) and 13.4% year-on-year (YoY). The operating EBITDA margin contracted to 16.1% from 18.2% in the previous quarter.
