- Tata 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 add ...More
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%. ...Less

- Tata 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 ...More
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 the preceding December quarter. However, revenues increased by 2% quarter-on-quarter. Total expenses for the first quarter rose by 13% year-on-year to Rs 706 crore, compared to Rs 624 crore in the same quarter last year. ...Less

- Tata 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 ...More
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 Raghavan emphasized operational excellence and fiscal discipline. Kotak: 'Sell', Choice: 'Reduce'. ...Less

- Tata Elxsi's Q1 net profit falls 22% to Rs 144 crore
Tata Elxsi, a Tata Group company, saw its net profit fall by 22%. This decline is due to economic uncerta ...More
Tata Elxsi, a Tata Group company, saw its net profit fall by 22%. This decline is due to economic uncertainties and issues affecting R&D spending. The company's revenue also decreased by 3.7%. Weakness in the automotive sector contributed to this drop. Despite challenges, Tata Elxsi aims to protect its business and expand customer relationships. The company's shares closed slightly lower. ...Less

- Corporate Radar: Adani Enterprises, M&M to turn ex-dividend; L&T Infotech, Tata Elxsi Q1 results; bonus issues and more
Shares of Radhe Developers will also go ex-split today. The company had announced the splitting of shares ...More
Shares of Radhe Developers will also go ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10. Raymond and Surya India will hold their annual general meetings (AGM) today. ...Less

- Tata 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 f ...More
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 crore. ...Less

- India's equity fundraising hits nearly Rs 4 lakh cr in 2024, driven by 3x jump in IPO proceeds
Indian equity fundraising hit a record ₹3.99 lakh cr in 2024, driven by robust IPO activity, including Hy ...More
Indian equity fundraising hit a record ₹3.99 lakh cr in 2024, driven by robust IPO activity, including Hyundai's ₹27,859 cr debut. Retail participation soared, with 65 IPOs outperforming issue prices and average listing gains at 30.25%. ...Less
