Tata Elxsi’s stock declined 7% after the company announced its Q3 FY25 financial results, revealing a mixed performance.
Financial Highlights:
- Revenue: ₹939.17 crore, a 1.6% decline QoQ but a 2.7% growth YoY.
- Net Profit: ₹199 crore, down 13.1% QoQ and 3.4% YoY.
- EBIT: ₹220.7 crore, a 7.7% decline QoQ.
- EBIT Margin: 24.2%, down from 25.7% QoQ.
The results reflect challenges in maintaining operational efficiency amid rising costs and market pressures. Despite modest YoY revenue growth, declining profits and margins weighed on investor sentiment.
Tata Elxsi shares opened at ₹5,950.00 today, with a high of ₹6,200.00 and a low of ₹5,929.85. The stock’s 52-week high stands at ₹9,080.00, while its 52-week low is ₹5,929.85.
As of 9:22 AM, Tata Elxsi shares were trading 6.99% lower at Rs 5,989.95.
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