SYNOPSIS:
Select Tata Group companies from the technology and communication sectors reported mixed Q2 FY26 results, with varied movements in revenue and profitability across TCS, Tata Communications, Tata Technologies, Tejas Networks, and Tata Elxsi.
The Tata Group, one of India’s largest and most diversified conglomerates, delivered a mixed financial performance in Q2 FY26. Companies across the technology, communication, and digital services segments reported varied trends in revenue from operations and profitability.
Following are a few Tata Group companies that have announced their Q2 FY26 results:
Tata Consultancy Services Limited
With a market cap of Rs. 10.88 lakh crores, the stock fell around 0.2 percent on the BSE and closed in the red at Rs. 3,007.25 on Tuesday’s muhurat trading session. In Q2 FY26, TCS reported a revenue from operations of around Rs. 65,799 crores, marking a quarter-on-quarter (QoQ) increase of 4 percent from Rs. 63,437 crores in Q1 FY26, and a year-on-year (YoY) growth of over 2 percent from Rs. 64,259 crores in Q2 FY25.
During the same period, net profit stood at Rs. 12,131 crores, reflecting a QoQ fall of around 5.4 percent from Rs. 12,819 crores, but a marginal YoY increase of 1.5 percent from Rs. 11,955 crores.
Tata Consultancy Services Limited is engaged in providing IT services, consulting and business solutions. It offers a consulting-led, cognitive-powered, integrated portfolio of IT, business, and engineering services and solutions through its unique Location-Independent Agile delivery model, widely recognised as a benchmark of excellence in software development.
Tata Technologies Limited
With a market cap of Rs. 27,795.3 crores, the stock gained around 1 percent on the BSE and closed in the green at Rs. 685.1 on Tuesday’s muhurat trading session. In Q2 FY26, Tata Tech reported a revenue from operations of around Rs. 1,323 crores, marking a quarter-on-quarter (QoQ) increase of over 6 percent from Rs. 1,244 crores in Q1 FY26, and a marginal year-on-year (YoY) growth of 2 percent from Rs. 1,296 crores in Q2 FY25.
During the same period, net profit stood at Rs. 166 crores, reflecting a QoQ decline of over 2 percent from Rs. 170 crores, but a YoY increase of around 6 percent from Rs. 157 crores.
Tata Technologies Limited is engaged in the business of providing engineering & design services, along with digital transformation services to global manufacturing clients.
Tata Communications Limited
With a market cap of Rs. 54,572 crores, the stock gained around 0.5 percent on the BSE and closed in the green at Rs. 1,914.8 on Tuesday’s muhurat trading session. In Q2 FY26, Tata Communications reported a revenue from operations of around Rs. 6,100 crores, marking a quarter-on-quarter (QoQ) increase of over 2 percent from Rs. 5,960 crores in Q1 FY26, and a year-on-year (YoY) growth of 6.5 percent from Rs. 5,728 crores in Q2 FY25.
During the same period, net profit stood at Rs. 183 crores, reflecting a QoQ decline of around 4 percent from Rs. 190 crores and a YoY decrease of over 19 percent from Rs. 227 crores.
Tata Communications Limited offers international and national voice and data transmission services, selling and leasing of bandwidth on undersea cable systems, internet connectivity services and other value-added services comprising mobile global roaming and signalling services, transponder lease, television uplinking and other related services.
The company also undertakes leasing, letting out, licensing or developing immovable properties to earn income of any nature, including interalia rental, lease, license income, etc. from immovable properties of the Company, including land and buildings.
Tejas Networks Limited
With a market cap of Rs. 9,704 crores, the stock gained around 2 percent on the BSE and closed in the green at Rs. 548.65 on Tuesday’s muhurat trading session. In Q2 FY26, Tejas Networks reported a revenue from operations of around Rs. 262 crores, marking a quarter-on-quarter (QoQ) increase of about 30 percent from Rs. 202 crores in Q1 FY26, but a year-on-year (YoY) decline of around 91 percent from Rs. 2,811 crores in Q2 FY25.
During the same period, the company reported a net loss of Rs. 307 crore, marking a sequential widening of losses by about 58 percent QoQ from Rs. 194 crore, and a reversal from a net profit of Rs. 275 crore in Q2 FY25.
Tejas Networks Limited is a wireline and wireless telecom and data networking products company and a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited).
The company is engaged in the business of designing, developing and manufacturing high-performance and future-ready products for building high-speed communication networks that carry voice, data and video traffic from fixed line, mobile networks and solutions for broadband, satellite and broadcast applications.
Tata Elxsi Limited
With a market cap of Rs. 33,430 crores, the stock fell around 1 percent on the BSE and closed in the red at Rs. 5,366.6 on Tuesday’s muhurat trading session. In Q2 FY26, Tata Elxsi reported a revenue from operations of around Rs. 918 crores, marking a quarter-on-quarter (QoQ) increase of around 3 percent from Rs. 892 crores in Q1 FY26, but a year-on-year (YoY) decline of nearly 4 percent from Rs. 955 crores in Q2 FY25.
During the same period, net profit stood at Rs. 155 crores, reflecting a QoQ growth of around 8 percent from Rs. 144 crores but a YoY decrease of over 32 percent from Rs. 229 crores.
Tata Elxsi Limited is involved in providing product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers. It also provides digital content creation for the media and entertainment industry.
Written by Shivani Singh
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