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Tata Elxsi reports 44% rise in Q2 net profit

Tata Elxsi has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 43.57% in its net profit at Rs 82.18 crore for the quarter under review as compared to Rs 57.24 crore for the same quarter in the previous year. Total income from operations of the company increased by 21.38% at Rs 426.10 crore for Q2FY19 as compared Rs 351.04 crore for the corresponding quarter previous year.

Tata Elxsi is a global design and technology Services Company and a part of the $100+ billion Tata Group. Headquartered in Bangalore, it works with customers across industries such as automotive, broadcast, healthcare and telecom for product and software development.

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