Tata Elxsi Q1 FY25 Results: Net profit drops over 6% to Rs 184 crore, margin shrinks

Tata Elxsi Q1 FY25 Results: Tata group design and technology services company Tata Elxsi on Wednesday reported a net profit of Rs 184.1 crore for the April-June period, down 6.5 per cent on a quarter-on-quarter basis.

Its quarterly revenue, however, increased 2.3 per cent sequentially to Rs 926.5 crore, according to a regulatory filing.

The Tata group company registered revenue growth to the tune of 2.4 per cent in constant currency. 

Tata Elxsi registered Rs 252.3 crore in June-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA), marking a decline of 3.4 per cent on a sequential basis.

Its margin, a key measure of profitability, contracted by 160 basis points (bps) to 27.2 per cent for the June quarter.