Tata Elxsi500408IT services, engineering
Tata Elxsi reported mixed quarterly numbers; JP Morgan maintained neutral and cut target price to Rs 3,200 from Rs 3,400
By ScoutQuest · · 1 min read
- Quarterly revenue
- 1056 crore rupees
- Previous quarter revenue
- 1021 crore rupees
- Revenue growth QoQ
- 3.4 percent
- EBIT margin
- 19.7 percent
- Previous EBIT margin
- 19 percent
Heard on business television between 08:23:55 - 08:26:55 IST.
- Revenue up 3.4% quarter-on-quarter to Rs 1,056 crore from Rs 1,021 crore.
- EBIT margin improved to 19.7% from 19%.
- Net profit flattish at Rs 170 crore.
- Constant currency revenue growth was above 2.3%, with broad-based growth across verticals.
- JP Morgan says Auto/EU surprised positively but margins will expand slower; cut earnings 10-11% for FY28-29 driven by margin cuts.
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from Tata Elxsi
Q2 FY27 earnings call: revenue INR 1055.7 crores, EBITDA margin 21.9%, H2 seen better than H1
19 Oct 2026
Tata Elxsi posted Q2 results beating revenue and margin estimates, stock expected to rally
14 Oct 2026
Tata Elxsi reported good numbers though commentary on Europe was described as weakish; Tata Technologies due to report earnings next
14 Oct 2026
Source: Live TV News Channel · 14 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.