Tata Elxsi announced its Q3 FY25 financial results, showcasing stability amidst global economic uncertainties. The company reported revenues from operations at ₹939.2 crore, while net profit stood at ₹199 crore, reflecting steady performance despite macroeconomic headwinds.
Key Highlights:
- Revenue: ₹939.2 crore
- Operating EBITDA: ₹246.6 crore with margins at 26.3%
- Net Profit: ₹199 crore, representing a margin of 20.3%
CEO Commentary: Manoj Raghavan, CEO and Managing Director, emphasized, “Our revenue from India has grown by 21.9% YoY, while Japan and emerging markets recorded remarkable growth of 66.8% YoY. Despite geopolitical uncertainty and challenges in the automotive industry, we have showcased resilience and a strong focus on strategic growth areas.”
He further highlighted major accomplishments, including the Offshore Development Centre for Suzuki Corporation, which supports their advancements in connected and electric vehicle technologies. The launch of Tata Elxsi’s AVENIR SDV software suite at CES 2025 in partnership with Qualcomm was another significant milestone.
Business Highlights:
- Automotive Sector: Despite industry challenges, Tata Elxsi continued to deliver on large automotive deals and demonstrated value to customers.
- Media & Communication: Achieved QoQ constant currency growth and won a multi-year deal with a US-headquartered MSO.
- Healthcare: Witnessed steady growth, driven by Gen AI-powered regulatory and digital offerings.
