Tata Technologies guides for doube-digit growth, margin expansion in FY27

Tata Technologies reported an 11.4% sequential drop in net profit to Rs 180.8 crore for the June quarter. Excluding the one-time reversal of a provision under the new labour code in Q4FY26, the first-quarter profit growth was 11.3%. The company’s EBITDA margin for the quarter rose by 10 basis points to 16.1%.

The operating EBITDA was up 6.1% to Rs 267.4 crore while revenue rose by 5.9% quarter-on-quarter to Rs 1,664.6 crore. Tata Technologies has guided for strong organic double-digit growth in FY27, with greater acceleration in the second half of the year and margin expansion. FY27 is going to be a breakout year for Tata Technologies, said Warren Harris, CEO and Managing Director of Tata Technologies.