Tata Elxsi, a global leader in design-led technology services, announced its financial results for Q2 FY25, delivering a steady 3.1% QoQ revenue growth to ₹955.1 crore. The company’s profit before tax grew by 18.3% QoQ to ₹298.7 crore, driven by strong performance in the transportation segment, which registered 8.8% QoQ growth.
Key highlights include a 70 basis point expansion in operating margins to 27.9%, and profit after tax (PAT) reaching ₹229.4 crore, reflecting a 24.6% QoQ increase. The company’s transportation sector continued to show robust growth, aided by large deals in the SDV and OEM businesses.
Tata Elxsi also secured a landmark $50 million multi-year deal with a global OEM headquartered in Europe, alongside strategic engagements with Nidec Corporation and Qualcomm, enhancing its position in the global automotive and broadband sectors.
