Our Bureau
Mumbai
Tata Sons has outlined an ambitious roadmap centred on artificial intelligence (AI), semiconductors, aviation and advanced manufacturing, even as the holding company reported a strong financial performance for FY26, underscoring its strategy of investing in long-term growth businesses despite near-term losses.
According to the company’s FY26 Annual Report, Tata Sons’ standalone net profit rose 21.8% year-on-year to ₹31,961 crore, while revenue increased 9.1% to ₹42,367 crore. The growth was aided by stronger earnings from portfolio companies and gains from investments, reinforcing the conglomerate’s financial resilience.
Chairman N. Chandrasekaran said the group is building capabilities for “the India of 2047” by making sustained investments in sectors expected to drive the country’s next phase of industrial and technological growth. These include AI, semiconductor manufacturing, electric mobility, defence, digital platforms and aviation, with advanced manufacturing emerging as a key pillar of the group’s future strategy.
The report acknowledged that several of these businesses remain in an investment phase. Air India, Tata Electronics and Tata Digital continued to post losses during FY26, reflecting the high capital requirements and long gestation periods associated with these ventures. However, the company maintained that these investments are strategic and essential for creating future value.
The broader Tata Group also recorded robust growth during the fiscal year, with consolidated revenue crossing ₹16 lakh crore and profit after tax rising sharply, supported by the performance of its listed companies across technology, automotive, steel and consumer businesses.
The annual report signals that Tata Sons intends to continue deploying capital into emerging technologies and manufacturing capabilities, positioning itself to benefit from India’s expanding digital economy, growing semiconductor ecosystem and increasing focus on self-reliance in high-value industries, while balancing short-term financial pressures with long-term strategic objectives.