Tata Technologies has reported its audited consolidated financial results for the fourth quarter and full year ended March 31, 2026, approved by the Board of Directors at its meeting held on May 4, 2026. The company posted consolidated revenue from operations of ₹5,505.57 crore for FY26, compared to ₹5,168.45 crore in FY25, reflecting a year-on-year increase. For Q4 FY26, total company operating revenue stood at ₹1,572.22 crore, up 15.1% quarter-on-quarter. Services segment revenue reached ₹1,219.61 crore, up 15.0% QoQ, or $132.6 million in constant currency terms, up 11.9% QoQ. Pursuant to Regulations 30 and 46(2)(o) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings conference call held on May 4, 2026 to discuss these results is available on the company's website. Additionally, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements of the financial results for the quarter and year ended March 31, 2026 in Financial Express (English) and Loksatta (Marathi) on May 5, 2026. Operating EBITDA for Q4 FY26 was ₹252.10 crore, up 30.7% QoQ, with EBITDA margin expanding to 16.0% from 14.1% in the previous quarter. Adjusted net income for Q4 FY26 was ₹162.50 crore, up 20.3% QoQ, with net income margin at 10.3%, up 45 basis points QoQ. Q4 margins exclude one-time exceptional reversal due to new labor code provisions. The company's workforce strength stood at 12,646, with last twelve months attrition at 16.2%. Analyst Ratings Following the quarterly results, two major global brokerages have issued their assessments on Tata Technologies. The key ratings and target prices are summarised below: | Brokerage: | Rating | Target Price | Key Rationale | | JPMorgan: | Neutral | ₹560 | Strong 4Q organic growth (7.8% CC), robust deal pipeline supporting FY27 10% growth