{"url":"https://newsforagent.com/news/2026-10-15/tata-technologies-mid-teens-revenue-growth-services","markdown_url":"https://newsforagent.com/news/2026-10-15/tata-technologies-mid-teens-revenue-growth-services.md","title":"Tata Technologies Sees Mid-Teens Revenue Growth","headline":"Tata Technologies Guides to Mid-Teens Revenue Growth as Services Business Tops 20%","description":"Tata Technologies expects mid-teen revenue growth for the full year and services growth above 20%, with operating margins finishing above 17% despite salary hikes.","section":"Earnings & Results","published_at":"2026-10-15T05:34:38+00:00","modified_at":"2026-10-15T05:34:38+00:00","author":"News Desk","key_takeaways":["Tata Technologies expects mid-teen revenue growth for the full financial year, with services growing more than 20%.","Services now account for over 80% of Tata Technologies' business and grew 34% in Indian rupees in the second quarter.","Tata Technologies absorbed an over 100-basis-point impact from annual salary hikes and targets operating margins above 17% by year-end."],"companies":[{"name":"Tata Technologies","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000f81/tata-technologies","website":"https://www.tatatechnologies.com"}],"source":{"publisher":"CNBCTV18","title":"Tata Technologies Expects Mid-Teen Revenue Growth and Over 20 Percent Services Growth Says CEO Warren Harris - CNBC TV18","url":"https://www.cnbctv18.com/market/earnings/tata-technologies-sees-mid-teen-fy27-growth-services-revenue-to-exceed-20-ceo-warren-harris-q2-earnings-results-boardroom-20012351.htm"},"other_sources":[],"tags":["Earnings & Results","Tata Technologies"],"body_markdown":"[Tata Technologies](https://akta.pro/company-profiles/0000f81/tata-technologies) expects mid-teen revenue growth for the full financial year, with its services business projected to grow more than 20%, Chief Executive Officer and Managing Director Warren Harris said. The Pune-based global product engineering and digital services company, a subsidiary of Tata Motors, reported the guidance after declaring its September quarter earnings, [CNBCTV18](https://www.cnbctv18.com/market/earnings/tata-technologies-sees-mid-teen-fy27-growth-services-revenue-to-exceed-20-ceo-warren-harris-q2-earnings-results-boardroom-20012351.htm) reported.\n\n## Tata Technologies' Services Momentum and Margin Outlook\n\nServices now account for more than 80% of Tata Technologies' business, Harris said. The company delivered 4.5% sequential growth in services in the second quarter and grew the segment 34% in Indian rupees, or about 26% in constant currency.\n\n\"We think it'll be in and around the mid-teens for the entire company, but services will exceed 20%,\" Harris said. He said the services segment is expected to offset delays in technology solutions, where revenue recognition has been pushed back because construction sites being developed by state governments are not yet ready.\n\nHarris said the technology solutions business continues to see demand and that the issue affects the timing of revenue recognition rather than order inflows. Tata Technologies absorbed an over 100-basis-point impact from annual salary hikes during the quarter and maintained margins through operational efficiency. The company expects operating margins to improve through the rest of the year and finish above 17%.\n\n## Tata Technologies' Recent Deals and Scale\n\nAccording to [akta.pro company records](https://akta.pro/company-data), Tata Technologies acquired Germany-based ES-Tec Group for €75 million in an all-cash deal in April 2026 to expand European automotive capabilities in Driver Assistance Systems, Connected Driving, and Digital Engineering. The same records show the company launched WATTSync, a digital passport platform for battery traceability and circular-economy compliance, in April 2026, and reported full-year FY26 consolidated revenue of Rs 5,505.57 crore, up 6.52% from Rs 5,168.45 crore in FY25.\n\n## Earlier Moves at Tata Technologies\n\nIn August 2026, Honda reportedly tapped Tata Technologies to develop a platform supporting internal combustion engine, hybrid, and electric powertrains, though neither company confirmed the arrangement, Electrive reported. Tata Technologies announced in August 2026 that it would participate in the Avendus Spark INDX conference in Singapore on August 13, 2026, and said no unpublished price-sensitive information would be discussed, ScanX reported. In September 2026, the company said it would attend Axis Capital's Consumer & Tech Conference in Mumbai on September 11, 2026, ScanX reported.\n\n## What Comes Next for Tata Technologies\n\nTata Technologies expects operating margins to continue improving in the third quarter and to finish the financial year above 17%, Harris said. The company is targeting further momentum into the next year, he said.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}