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Tata Technologies reported strong Q2 FY26 sequential revenue growth of 6.4% to Rs 1,323 Cr, with services up 5.1% and technology solutions up 10.6%. Adjusted EBITDA margin stood at 16.4%. Key wins included three large deals and significant growth in aerospace and industrial heavy machinery. The company signed a definitive agreement to acquire ES-TEC, bolstering its European presence and automotive engineering capabilities. Management anticipates Q3 moderation due to seasonality, JLR IT systems restoration, and wage revisions, followed by a sharp recovery in Q4. DSOs increased to 109 days but are expected to normalize. Overall sentiment is cautiously optimistic, prioritizing strategic investments for future growth.