The corporate attributed the PAT dip and flat revenues to the challenges in its automotive enterprise.
Firm’s Earnings Earlier than Curiosity, Taxes, Depreciation and Amortisation (EBITDA) within the quarter underneath overview stood at Rs 208 crore whereas the EBITDA margin was reported at 22.9%.
Tata Elxsi’s board of administrators advisable a ultimate dividend of Rs 75 per fairness share for the monetary yr 2024-25.
Commenting on the corporate’s earnings, Manoj Raghavan, CEO and Managing Director stated that Tata Elxsi ended FY2025 with a income of Rs 3,729 crores and PBT margin of 26.3%. “Our automotive enterprise witnessed challenges within the quarter as some OEMs and suppliers paused new program begins within the face of geopolitical, enterprise and market uncertainties. We additionally noticed delays in ramp-ups deliberate for ongoing offers received within the earlier quarters, that we count on to renew beginning Q1’26,” Raghavan stated.
“We reported a wholesome QoQ progress of three.5% in fixed forex phrases within the quarter for our Healthcare & Life Sciences section. This vertical continues so as to add marquee logos and pivot strongly to scaling providers for digital, product engineering and innovation,” the CEO stated.The media & communications enterprise additionally noticed buyer particular points within the quarter because of mergers and enterprise restructuring, stated the CEO as he highlighted how the general trade continues to train warning in R&D spend and innovation.The corporate bagged a strategic multi-year product engineering consolidation deal of over $100 million with a marquee operator in media and communications, which i stated was the most important single deal within the firm’s historical past.
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(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t characterize the views of Financial Instances)
