Tata Elxsi announced strong Q2 FY26 results, reporting operating revenue of Rs. 918.1 crores, a 2.9% increase QoQ. The company saw growth in overseas markets, particularly the US, with a 7.9% QoQ increase. Key verticals including Media & Communication and System Integration also contributed to the positive results. Profit Before Tax reached Rs. 214.7 crores.
Q2 FY26 Financial Highlights
Tata Elxsi reported robust financial performance for the second quarter of FY26, demonstrating resilient growth across key business segments. Key highlights include:
- Revenues from operations: Rs. 918.1 crores, up 2.9% QoQ
- EBITDA: Rs. 193.3 crores, with an EBITDA Margin of 21.1%
- Profit Before Tax (PBT): Rs. 214.7 crores, up 9.4% QoQ
- Profit After Tax (PAT): Rs. 154.8 crores, up 7.2% QoQ
The results, announced on October 9, 2025, reflect the company’s ability to navigate dynamic market conditions and capitalize on growth opportunities.
Segment Performance
Several business segments contributed significantly to Tata Elxsi’s Q2 FY26 success:
- Media & Communication: Demonstrated strong performance with a 6.8% QoQ growth.
- Transportation: Registered a 0.7% QoQ growth, driven by large deal wins and global OEM SDV programs.
- System Integration: Experienced substantial growth of 20.5% over the previous quarter.
Strategic Developments
Tata Elxsi has undertaken strategic initiatives to further strengthen its capabilities and market position, including:
- Establishment of an exclusive Cloud HIL centre for Suzuki Motors in Thiruvananthapuram.
- Inauguration of a Global Technology Centre for Medical Devices for Bayer.
These initiatives are expected to contribute to sustained growth in the coming quarters.
US Market Growth
The company witnessed significant growth in the US market, with revenues increasing by 7.9% QoQ. This growth was driven by new customer acquisitions in core verticals and adjacent markets.
Source: BSE
