Reports a net profit of 22.3% q-o-q in Quarter Ended September 30, 2013
Highlights
- Consolidated operating income of Rs 189.97 cr for Q2, FY14, as compared to Rs 155.36 cr for Q2 FY 13 an increase of 22.3 %
- The revenue from the Software Development and Services Segement rose to Rs 172.40 cr from Rs. 136.33 Cr an increase of 26.5% over Q2 FY13
- The profit before tax (PBT) rose to Rs 30.07 cr from Rs 2 .89 cr , an increase of over 10 times compared to Q2 FY13
- The profit after tax (PAT) rose to Rs 19.93 cr from Rs 1.81 cr , an increase of 10 times over Q2 FY13
Bangalore, October 28, 2013 : Tata Elxsi, a global design company and part of the $ 100 billion Tata group reported consolidated revenues of Rs 189.97 crore for the quarter ending 30th September, 2013, indicating a growth of 22.3 % YoY (Rs 155.36 in Q2 FY13) . Its Software Development and Services Segment , grew by 26.5 % to Rs 172.4 crore in Q2 FY14 and the profit after tax (PAT) rose to Rs 19.93 crore from Rs 1.81 crore , an increase of 10 times over Q2 FY13.
About Tata Elxsi
Tata Elxsi is a design company that blends technology, creativity and engineering to help customers transform ideas into world-class products and solutions. A part of the $ 100 billion Tata group, Tata Elxsi addresses the automotive, broadcast, consumer electronics, healthcare, semi-conductor and telecom sectors.
This is supported by a talent pool of over 4000+ employees and a network of design studios, development centers and offices worldwide. Key services include embedded product design, industrial design, animation & visual effects and systems integration.
Media contact details
Tata Elxsi
Hari Balan
Corporate Communications
Telephone: +91 80 2297 9123
Email: [email protected]