India's Tata Technologies quarterly profit rises on broad-based growth

Tata Technologies

04/05/2026 13:17

BENGALURU, May 4 (Reuters) - Indian engineering research and development (ER&D) firm Tata Technologies TATE.NS posted an 8.1% rise in fourth-quarter profit on Monday on broad-based growth across segments.

Profit rose to 2.04 billion Indian ​rupees ($21.45 million) for the quarter ⁠ended March 31, from 1.89 billion Indian ​rupees a year ago.

Tata Tech's profit was also helped by a one-time gain of 561.3 million rupees from partial reversal of charges related to India's labour codes

The company expects double-digit organic growth in fiscal year 2027, chief executive officer Warren Harris said

The firm provides engineering, product design and manufacturing digitalisation services to automotive, aerospace and industrial machinery clients

Tata Technologies counts JLR and Tata Motors TATM.NS among its largest clients.

The Tata group company's revenue rose 22.29% to 15.72 billion rupees, up from 12.86 billion rupees last year.

Engineering research and development firms, which largely depend on orders from the U.S. and Europe, have been under pressure as global automotive clients cut back investments and R&D spending

"This marks a clear inflection for the business, with growth broad-based rather than concentrated in any single customer or program," Harris said.

($1 = 95.09 Indian rupees)

 (Reporting by Haripriya Suresh in Bengaluru; Editing by Ronojoy Mazumdar)

 ((haripriya.suresh@thomsonreuters.com))