News Details

( As on 02/02/2016 15:09)

Tata Elxsi net profit rises 39.5 pct in Q3

Tata Elxsi announced that it has posted a 39.5 per cent growth in its standalone net profit at Rs. 39.9 crore for the third quarter that ended on December 31, 2015 as against a net profit of Rs. 28.6 crore for the third quarter that ended on December 31, 2014.

The total income of the company has increased by 23.5 per cent at Rs. 275 crore for the third quarter that ended on December 31, 2015 as against Rs. 222.6 crore in the corresponding quarter of the previous year.

Moreover, the net sales of the company rose by 23.9 per cent to Rs.274 crore during the period under review as compared to Rs. 221 crore in the year-ago period.

EBITDA margin were at 24.4 per cent during the quarter under review as compared with 23.3 per cent in the year-ago period.