Tata Elxsi reports 58% rise in Q2 net profit
15th Oct 2020

Tata Elxsi has reported results for second quarter ended September 30, 2020.

The company has reported 58.36% rise in its net profit of Rs 78.88 crore for the quarter under review as compared to net profit of Rs 49.81 crore for the same quarter in the previous year. Total income of the company increased by 9.13% at Rs 434.59 crore for Q2FY21 as compared Rs 398.22 crore for the corresponding quarter previous year.

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