Tata Elxsi reported operating revenue of ₹918.1 crores for Q2 FY26, a 2.9% increase QoQ. Profit Before Tax rose by 9.4% QoQ to ₹214.7 crores. The Media & Communication business saw a 6.8% QoQ growth, while the Transportation business grew by 0.7% QoQ. The company also inaugurated a Global Technology Centre for Medical Devices for Bayer.
Financial Highlights
In the second quarter of FY26, Tata Elxsi’s operating revenue reached ₹918.1 crores, marking a 2.9% growth compared to the previous quarter. However, there was a -3.9% decrease Year-over-Year (YoY). Profit Before Tax (PBT) increased significantly by 9.4% QoQ, reaching ₹214.7 crores.
Key financial figures include:
- EBITDA Margin: 21.1%
- PBT Margin: 22.2%
- Profit After Tax (PAT): ₹154.8 Cr, a 7.2% QoQ increase
Segment Performance
Performance varied across different business segments:
- Transportation: Revenue grew by 0.7% QoQ.
- Media and Communications: Revenue increased by 6.8% QoQ.
- Healthcare: Revenue saw a decline of 2.3% QoQ.
Geographical Performance
The company saw strong growth across overseas markets, especially in the United States, where growth reached 7.9% QoQ.
Key Deals and Partnerships
Tata Elxsi has secured several key deals and partnerships during the quarter:
- Established a Cloud HIL Center for Suzuki Motors in India.
- Launched a Global Technology Centre for Medical Devices with Bayer in Radiology.
- Won a multi-year deal with a Japan Headquartered OEM for advanced system design and simulation.
- Secured a digital transformation deal with a US Headquartered Media Leader.
- Partnered with Synopsys to accelerate SDV development through Virtualization.
Recognitions
Tata Elxsi was recognized by Dell Technologies with the ‘ISG Field Support Partner of the Year’ Award.
Source: BSE
