Tata Elxsi posts 2.5% dip in Q1 profit, revenue rises 9%

HomeInformation Tech (IT)Tata Elxsi posts 2.5% dip in Q1 profit, revenue rises 9%

Tata Elxsi posts 2.5% dip in Q1 profit, revenue rises 9%

Information Tech (IT)

Published on

July 10, 2024

By Dark Descent

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 257, attrition improved to 12.3%. CEO Raghavan noted strong transportation sector. Shares increased 1.4%.

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Tata Elxsi

Tata Elxsi posts 2.5% dip in Q1 profit, revenue rises 9%

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