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Tata Elxsi reports 5% rise in Q3 net profit

Tata Elxsi has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 5.13% in its net profit at Rs 65.99 crore for the quarter under review as compared to Rs 62.77 crore for the same quarter in the previous year. Total income of the company increased by 14.75% at Rs 404.32 crore for Q3FY19 as compared Rs 352.35 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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