Tata Elxsi's revenue rose 2.9% during the second quarter. (Photo: Tata Elxsi Website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Tata Elxsi Ltd. reported a 7.2% advance in net profit for the second quarter of fiscal 2026, thereby meeting analysts' estimates. The jump in bottom-line came on the back of growth in overseas business.
The company's consolidated bottom-line for the quarter ended September rose to Rs 154.81 crore from Rs 144.4 crore in the previous quarter. Bloomberg had estimated the bottom line at Rs 154.48 crore.
The revenue rose 2.9% sequentially to Rs 918 crore from Rs 892 crore. The consensus estimate of analysts tracked by Bloomberg was of Rs 914.98 crore.
The earnings before interest and tax, or EBIT, saw a 4.6% advance to Rs 170 crore as against