Tata Elxsi reported a 3.9% QoQ increase in revenue for Q3 FY26, with revenue from operations reaching ₹953.5 Cr. The company’s EBITDA margin improved by 220 bps QoQ. Growth was primarily driven by the transportation sector. Looking ahead, Tata Elxsi is optimistic about future growth, citing strong customer relationships and investments in new technologies.
Financial Highlights for Q3 FY26
Tata Elxsi announced its financial results for the third quarter of fiscal year 2026, showcasing healthy growth. Key highlights include:
- Revenue from operations: ₹953.5 Cr, a 3.9% increase QoQ and 1.5% YoY.
- EBITDA margin: 23.3%.
- PBT*: ₹242.0 Cr.
- PAT*: ₹179.1 Cr.
*Q3’26 margins exclude one-time exceptional items related to new labor codes.
Segment Performance
The company experienced varied performance across its segments:
- Transportation: Grew by 7.7% QoQ.
- Media and Communications: Declined by 0.3% QoQ.
- Healthcare: Declined by 3.6% QoQ.
Geographical Performance
Growth was led by Europe and the US.
Key Deals and Partnerships
Tata Elxsi secured several key deals and partnerships in Q3 FY26, including:
- A deal to deliver regulatory workflow transformation for a global MedTech leader.
- Selection by a US leader for a next-generation drug preparation system.
- An award for a multi-million-dollar deal by a US based off-highway OEM.
- A partnership with GSMA to accelerate operator network monetization.
Innovation and Awards
Tata Elxsi received recognition for its innovation, including winning the Tata Innfuze Challenge 2025 and the Google Cloud Gen Al Hackathon.
Source: BSE
