TARIL Q2 FY27 Guidance vs Delivery (TARIL Management Mirror)

FY27 Revenue Guidance Reaffirmed at 25% Growth Against Q2 FY27 Reported Performance

For Q2 FY27, consolidated revenue was reported at INR 739 crore with PAT at INR 79.8 crore in the Quarterly Financial Results. In the Mar'26 Qtr concall, management initially guided an FY27 revenue target of approximately INR 3,250 crore, which was revised in the Jun'26 Qtr concall to 25% growth alongside a 9% to 10% PAT margin. During the Sep'26 Qtr concall, management reaffirmed its FY27 guidance, targeting 25% and beyond full-year revenue growth, implying a target of around INR 3,200 crore, and maintaining the 9% to 10% PAT margin expectation. Looking ahead, management estimates an execution requirement of roughly INR 900 crore per quarter in H2 FY27 to achieve these figures.