Leading Software Development & Services Company Reports 15 Per Cent PAT Growth
Profit after tax (PAT) rose by 14.7 per cent YoY to Rs 229.4 crore, up from Rs 200 crore in Q2 FY24.
Tata Elxsi, a global design and technology services provider, reported its Q2 FY25 financial results, showcasing steady growth across key metrics. The company’s revenue for the quarter stood at Rs 955.1 crore, marking an 8.3 per cent year-on-year (YoY) increase from Rs 881.7 crore in the corresponding quarter last year. Profit after tax (PAT) rose by 14.7 per cent YoY to Rs 229.4 crore, up from Rs 200 crore in Q2 FY24.
Financial Performance
Tata Elxsi’s operating earnings before interest, taxes, depreciation, and amortization (EBITDA) expanded marginally by 1.1 per cent to Rs 266.4 crore in Q2 FY25, compared to Rs 263.6 crore in the same period last year. However, the EBITDA margin contracted to 27.9 per cent in Q2 FY25 from 29.9 per cent in Q2 FY24, indicating a slight pressure on operational efficiency.
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Stock Market Performance
The company currently is trading with 0.39 per cent gains at Rs 6,023.75 and has a market capitalization of Rs 37,517.9 crore. Tata Elxsi's stock is down 33.7 per cent from its 52-week high and has declined by 31 per cent over the past year. Despite the recent dip, the stock has delivered impressive returns of over 535 per cent in the past five years.
About the Company
Tata Elxsi is a global leader in design and technology services, catering to industries such as Automotive, Media, Communications, and Healthcare. The company offers end-to-end solutions, including research and strategy, electronics and mechanical design, software development, validation, and deployment. Supported by a network of design studios, global development centers, and offices worldwide, Tata Elxsi remains at the forefront of innovation.
Disclaimer: This article is for informational purposes only and not investment advice.