TATA ELXSI CEO AND MD MANOJ RAGHAVAN
Tata Elxsi shares crack 8% after brokerages cut target price post Q3 results Tata Elxsi share price plunged 7.9% after reporting a 3% decline in net profit for Q3 FY24. The company's revenue increased by 3% YoY, while the automotive sector faced significant challenges, impacting new deals. Tata Elxsi experienced project dela...
10 Jan, 2025, 10.45 AM ISTTata Elxsi logs 3.6% dip in net profit to Rs 199 crore Tata Elxsi, a small-tier IT services company, reported a 3.6% decline in net profit to ?199 crore for Q3 ending December 2024, compared to ?206.43 crore a year ago. Sequentially, the profit dropped by 13.3%, with revenue growing 2.7% YoY but declini...
10 Jan, 2025, 06.00 AM ISTTata Elxsi Q3 Results: Profit falls 3% YoY to Rs 199 crore, revenue rises 3% Tata Elxsi Q3 Results: Revenue from operations rose 3% YoY to Rs 939 crore in Q3, compared to Rs 914 crore in the same period last year. Operating EBITDA for the quarter stood at Rs 247 crore, with margins at 26.1%. Profit before tax came in at Rs 2...
09 Jan, 2025, 06.20 PM IST- ADVERTISEMENT
Tata Elxsi shares in focus as co partners with CSIR-NAL for advanced air mobility solutions Tata Elxsi and CSIR-NAL have formed a strategic partnership to advance air mobility. The collaboration will utilize NAL's aeronautical expertise and Tata Elxsi's technology in electrification and AI. Their goal is to accelerate the development of UA...
08 Jan, 2025, 08.00 AM ISTTata Elxsi, CSIR-NAL partner for advanced air mobility solutions Tata Elxsi and CSIR-NAL have partnered to advance air mobility technology. The collaboration combines their expertise in aeronautics, electrification, AI/ML, and sensor fusion. This partnership aims to accelerate the development of unmanned and urba...
07 Jan, 2025, 04.24 PM ISTTata Elxsi shares jump 3% after Q2 PAT rises 14% YoY to Rs 229 crore Tata Elxsi reported a 14% growth in consolidated net profit, reaching Rs 229 crore for the second quarter, compared to Rs 200 crore in the same quarter last year. Revenue from operations also increased by 8% year-on-year to Rs 955 crore, up from Rs ...
11 Oct, 2024, 09.53 AM ISTTata Elxsi Q2 Results: PAT rises 14% YoY to Rs 229 crore; revenue up 8% Tata Elxsi reported a 14% increase in net profit at Rs 229 crore for the second quarter. Revenue from operations grew by 8% to Rs 955 crore. Growth was driven by strong performance in emerging markets, particularly in transportation. A $50 million d...
10 Oct, 2024, 07.22 PM ISTN Jayakumar on which companies can be high growth businesses for Tata Group? ?So, the way I see this is that if you do the sort of super specialised corporate activity, with just basic governance, and these guys actually had exceptionally higher levels of governance, the people in the group, I mean, forget the founders whose...
10 Oct, 2024, 12.28 PM ISTTata Elxsi shares fall 3% on disappointing Q1 results. Should you buy or sell? Tata Elxsi Share Price: Tata Elxsi's shares dropped 3% on BSE after a 3% YoY profit fall to Rs 184 crore in June 2024. Revenue rose 9% YoY to Rs 926 crore; net profit sequentially declined 6%. EBITDA fell 3% QoQ. Margins at 27.23%. CEO Manoj Raghava...
11 Jul, 2024, 01.14 PM ISTTata Elxsi posts 2.5% dip in Q1 profit, revenue rises 9% Tata Elxsi's Q1FY25 net profit declined 2.5% YoY to Rs 184.1 crore, impacted by weaker healthcare, life sciences, and media segments. Revenue rose 9% YoY to Rs 926.5 crore. Operating margins fell, Europe share rose to 42.2%. Headcount decreased by 2...
10 Jul, 2024, 08.40 PM ISTTata Elxsi Q1 Results: Net profit falls 3% YoY to Rs 184 crore Tata Elxsi Q1 Results: Revenue from operations for the reporting period grew by 9% year-on-year, reaching Rs 926 crore compared to Rs 850 crore in the same period last year. Sequentially, net profit for the quarter dropped by 6% from Rs 196 crore in...
10 Jul, 2024, 06.52 PM ISTTata Elxsi Q4 Results: Net down 4.5% QoQ to Rs 197 crore; company added 1,500 employees in FY24 The engineering service provider also saw its Q4 revenue at Rs. 905.9 crore, down by 0.9% QoQ. This the first time after Q1 of FY21, where the company saw a sequential revenue decline. For the full fiscal its revenue grew by 13% on-year at Rs 3,552 ...
23 Apr, 2024, 10.16 PM ISTTata Elxsi¡¯s net profit down 4.5% QoQ; added 1,500 employees in FY24 The engineering service provider also saw its Q4 revenue at Rs. 905.9 crore, down by 0.9% QoQ. This the first time after Q1 of FY21, where the company saw a sequential revenue decline.
23 Apr, 2024, 09.10 PM ISTTata Elxsi shares fall 5% after Q3 results disappoints Street The company's net profit rose to Rs 206 crore for the quarter ended December 31 from Rs 195 crore a year ago. Revenue from operations rose to Rs 914 crore from Rs 818 crore a year ago.
24 Jan, 2024, 11.53 AM ISTTata Elxsi to develop automotive cyber security solutions with IISc Tata Elxsi, a design and technology service provider, has partnered with the Indian Institute of Science (IISc) to develop an Automotive Cyber Security Solution. The collaboration aims to address the cybersecurity challenges posed by complex in-vehi...
05 Oct, 2023, 12.29 PM ISTTata Elxsi Q1 Results: Profit up 2% YoY to Rs 189 cr; revenue jumps 17% The profit before tax (PBT) grew 9% year-on-year to Rs 248 crore in the reporting period. The company added 422 employees in the first quarter, taking the total headcount to over 12,000, with attrition dropping further to 15.6%.
17 Jul, 2023, 05.14 PM ISTTata Elxsi has grown 30% in H1 and we hope to continue that growth: CEO “I really do not follow the stock market and I am not sure why it goes up, why it goes down and so on. We run our business, and we are confident of delivering performance to our stakeholders. From my perspective, we have a very clear focus, we have ...
18 Oct, 2022, 04.09 PM ISTDemand is not an issue for Tata Elxsi, supply definitely is: MD “The deal pipeline has never been stronger over many quarters and I have absolutely no concerns on that front. The sales engine is rocking. The challenge for us would be to ensure that we service all the requirements. So demand is not an issue, supp...
21 Apr, 2022, 02.01 PM ISTWe hope to leverage the digital push set in motion by the pandemic, says Tata Elxsi CEO "We've seen a lot of upward trends in technology adoption. Whether it is office spaces, whether it is factories they are moving entirely towards becoming smart and digital. It's a great opportunity for companies like ours," says Manoj Raghavan.
22 Jul, 2021, 02.11 PM ISTTata Elxsi climbs 9% after reporting 40% rise in Q4 profit The IT firm reported a profit of Rs 115.16 crore for the fourth quarter compared with Rs 82.08 crore profit in the year-ago period.
23 Apr, 2021, 10.08 AM IST