Tata Elxsi reports 40% rise in Q3 net profit

Tata Elxsi has reported results for third quarter ended December 31, 2015.

The company has reported 39.56% rise in its net profit at Rs 39.90 crore for the quarter ended December 31, 2015 as compared to Rs 28.59 crore for the same quarter in the previous year. The company’s total income has increased by 23.57% to Rs 275.04 crore for the quarter under review from Rs 222.58 crore for the corresponding quarter of the previous year.

Tata Elxsi provides system integration and software development. The company caters to various industries such as aerospace, consumer electronics, entertainment, FMCG, telecom etc.