Tata Elxsi Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
April 23, 2024 at 08:22 am EDT
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Tata Elxsi Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 9,059.43 million compared to INR 8,379.2 million a year ago. Revenue was INR 9,396.26 million compared to INR 8,636.07 million a year ago. Net income was INR 1,969.34 million compared to INR 2,015.16 million a year ago. Basic earnings per share from continuing operations was INR 31.62 compared to INR 32.36 a year ago. Diluted earnings per share from continuing operations was INR 31.61 compared to INR 32.36 a year ago.
For the full year, sales was INR 35,521.46 million compared to INR 31,447.23 million a year ago. Revenue was INR 36,740.98 million compared to INR 32,185.33 million a year ago. Net income was INR 7,922.38 million compared to INR 7,551.93 million a year ago. Basic earnings per share from continuing operations was INR 127.21 compared to INR 121.26 a year ago. Diluted earnings per share from continuing operations was INR 127.18 compared to INR 121.26 a year ago.
Tata Elxsi Limited is an India-based global design and technology services company. The Company's business segments include system integration and support, and software development and services. It has expertise in automotive engineering spanning areas, such as advanced driver-assistance systems, autonomous driving, electrification, and connected car solutions. The Company supports clients in reimagining their products and services by applying design thinking and digital technologies such as Internet of things (IoT), cloud, mobility, virtual reality and artificial intelligence. The Company offers platforms and solutions such as TETHER, which is a connected vehicle platform; TECockpit, which is an integrated cockpit solution, and Autom@TE, which is a test automation suite. The Company provides digital content creation for the media and entertainment industry. It provides services across industries, including automotive, broadcast, communications, healthcare and transportation.
TATA ELXSI LIMITED 
