Wednesday 21 January 2015

Tata Elxsi shines on reporting 29% rise in Q3 consolidated net profit.

     Tata Elxsi has registered 33.16 % rise in its net profit at Rs 28.59 crore for third quarter ended December 31, 2014 as compared to Rs 21.47 crore for the same quarter in the previous year. Total income of the company has increased 12.72% at Rs 222.58 crore for Q3FY15 as compared Rs 197.47 crore for the corresponding quarter previous year.
     On the consolidated basis, the company’s net profit rose 28.77 % to Rs 27.75 crore for the Q3 FY15 as compared to Rs 21.55 crore in Q3 FY14. Moreover, the total income surged 11.48 % to Rs 221.81 crore in the quarter under review as compared to Rs 198.97 crore in the corresponding quarter previous year.
     Tata Elxsi is currently trading at Rs. 792.00, up by 53.75 points or 7.52 % from its previous closing of Rs. 738.25 on the BSE.

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