Tata Elxsi reports over two fold jump in Q1 consolidated net profit

18 Jul 2014

Tata Elxsi has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter jumped over two fold at Rs 20.83 crore as compared to Rs 10.35 crore for the quarter ended June 30, 2013. Its total income from operations has increased by 10.78% to Rs 190.76 crore for the quarter under review from Rs 172.20 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported over two fold jump in its net profit at Rs 20.79 crore for the quarter as compared to Rs 8.93 crore for the same quarter in the previous year. Total income from operations has increased by 10.16% at Rs 190.76 crore for quarter under review as compared to Rs 173.17 crore for the quarter ended June 30, 2013.

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