Tata Elxsi Ltd.

Tata Elxsi has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 41.74% in its net profit at Rs 70.50 crore for the quarter under review as compared to Rs 49.74 crore for the same quarter in the previous year. Total income from operations of the company increased by 17.74% at Rs 389.88 crore for Q1FY19 as compared Rs 331.14 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.