Tata Elxsi on Wednesday reported a 3% fall in net profit to Rs 184 crore for the first quarter ended June 2024. The same stood at Rs 189 crore in the last-year period.
Revenue from operations in the reporting period increased 9% year-on-year to Rs 926 crore as against Rs 850 crore in the corresponding period of last year.
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On a sequential basis, net profit for the quarter declined 6% from Rs 196 crore clocked in the preceding December quarter. Meanwhile, revenues improved 2% quarter-on-quarter.
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