Tata group’s design and technology service provider Tata Elxsi on Thursday posted its April-June quarter earnings for the FY26.
The largecap company has reported a net profit of Rs 144.36 crore, a 21.5 per cent decrease from Rs 184.07 crore in same quarter of the previous year. During the period, the company’s revenue from operations also declined by 3.7 per cent to Rs 892.2 crore.
While, compared to the previous quarter, the company’s profit and revenue declined by 16.2 per cent and 1.7 per cent, respectively.
According to the company’s CEO & MD, this quarter was challenging across key markets, with macroeconomic uncertainties, industry and customer-specific issues impacting R&D spend and decision-making cycles across geographies.
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On Thursday, shares of Tata Elxsi ended 0.21 per cent lower at Rs 6,136 apiece on the BSE.
