Tata group’s design and expertise service supplier Tata Elxsi on Thursday posted its April-June quarter earnings for the FY26.
The largecap firm has reported a internet revenue of Rs 144.36 crore, a 21.5 per cent lower from Rs 184.07 crore in similar quarter of the earlier 12 months. Throughout the interval, the corporate’s income from operations additionally declined by 3.7 per cent to Rs 892.2 crore.
Whereas, in comparison with the earlier quarter, the corporate’s revenue and income declined by 16.2 per cent and 1.7 per cent, respectively.
In keeping with the corporate’s CEO & MD, this quarter was difficult throughout key markets, with macroeconomic uncertainties, trade and customer-specific points impacting R&D spend and decision-making cycles throughout geographies.
On Thursday, shares of Tata Elxsi ended 0.21 per cent decrease at Rs 6,136 apiece on the BSE.
