Tata Elxsi Ltd.

Tata Elxsi has reported results for first quarter ended June 30, 2019.

The company has reported 30.79% fall in its net profit at Rs 48.79 crore for the quarter under review as compared to Rs 70.50 crore for the same quarter in the previous year. However, total income of the company decreased by 4.12% at Rs 373.82 crore for Q1FY20 as compared Rs 389.88 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.