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Tata Elxsi reports 8% rise in Q4 net profit

Tata Elxsi has reported results for the fourth quarter and year ended March 31, 2017.

The company has reported a rise of 8.30% in its net profit at Rs 44.50 crore for the quarter ended March 31, 2017 as compared to Rs 41.09 crore for the same quarter in the previous year. Total income from operations of the company increased by 9.98% at Rs 323.96 crore for quarter under review as compared to Rs 294.56 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a rise of 11.94 % in its net profit at Rs 173.29 crore as compared to Rs 154.81 crore in FY16. Total income from operations of the company increased by 12.99% at Rs 1228.23 crore for year under review as compared to Rs 1087.07 crore for the year ended March 31, 2016.

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