Tata Elxsi Q1 FY27 revenue reaches ₹1,021 crore, profit declines
pre-market1 source ↓written by the desknot a recommendation
- marking
- 14.46% YoY growth
- net profit fell
- 22.6% QoQ
- due to transition
- ₹170.6 crore
Tata Elxsi reported operating revenue of ₹1,021.11 crore in Q1 FY27, marking a 14.46% YoY growth. However, net profit fell 22.6% QoQ to ₹170.6 crore due to transition costs and investments in AI. Management anticipates a recovery in margins in the latter half of the fiscal year.
Not investment advice. For informational purposes only.