Tata Elxsi, a global design and technology services company, has reported strong results for the second quarter of the fiscal year. The company’s net profit and revenue have seen significant growth both year-on-year (YoY) and quarter-on-quarter (QoQ).
The standout figure is the company’s net profit, which has risen to 2 billion rupees, up from 1.74 billion rupees YoY and 1.89 billion rupees QoQ. This represents a substantial increase and demonstrates the company’s strong performance.
In terms of revenue, Tata Elxsi reported 8.82 billion rupees, a notable increase from 7.63 billion rupees YoY and 8.5 billion rupees QoQ. This growth in revenue indicates a positive trend for the company.
The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw an increase, reaching 2.63 billion rupees from 2.27 billion rupees YoY. Tata Elxsi’s EBITDA margin, a key profitability metric, stood at 29.89%, slightly up from 29.69% YoY. This marginal increase suggests that the company has been able to maintain its profitability despite the challenging business environment.
These robust figures highlight Tata Elxsi’s strong performance in Q2 and reflect the company’s ongoing commitment to delivering value to its shareholders.
