TATA Elxsi Q3 Results updates, Tata Elxsi helps customers reimagine their products and services through design thinking and application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence.
Tata Elxsi has presence across the globe at more than 35 locations in 15 countries. It provides Design-led digital engineering, technology development, testing, and systems integration services. It’s deep domain expertise combined with over 30 years of technology and product development experience helps global brands differentiate and win in the market.
In that letter company’s board of director told ” Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’), this is to inform you that a meeting of the Board of Director’s of the Company will be held on Wednesday, January 25, 2023, inter-alia, to consider, approve and take on record, the unaudited standalone and consolidated financial results of the Company for the quarter ended December 31, 2022, along with the Limited Review Reports of the Statutory Auditor thereon “.
Tata ELXSI Q3 Results will company announce Dividend ?
Company announced final dividend in Q1 quarter last time of rupees 42 per share. Dividend percent is 425 which was on current market price. Company will not share any details related to dividends in this q3 quarterly results.
TATA Elxsi Q2 Results Preview
Tata Elxsi on Friday posted a net profit of Rs 174.3 crore in the second quarter (Q2) during the financial year 2022-23 (FY23), up 39.1 per cent from a year-ago period of Rs 125.3 crore. Tata Elxsi is a subsidiary of Tata Sons, holding company of the Tata Group.
For the quarter that ended September 30, the company reported a 28.2 per cent, year-on-year (YoY), rise in its revenue from operations, which came at Rs 763.2 crore.
During the quarter, the company said it invested in expanding facilities in existing locations of Bengaluru, Chennai and Pune, and building new talent bases in Kozhikode and Hyderabad.
Tata Elxsi is among the leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation.