Tata Elxsi Share Price Sees 1.89% Rise Ahead of Q3 FY 2025 Results

Tata Elxsi is in focus ahead of the Q3 FY 2025 financial results announcement. On January 9, 2025, Tata Elxsi share price opened at ₹6,525.00, up from its previous close of ₹6,473.50. At 10:22 AM, the share price of Tata Elxsi was trading at ₹6,596.10, up by 1.89% on the NSE. As of the same time, the stock price touched its day’s high at ₹6,615.25.

In December 2024, Tata Elxsi Limited announced to the stock exchanges that its Board of Directors would meet on Thursday, January 9, 2025, to review and approve the audited financial results for the quarter and nine months ending December 31, 2024.

Q2 FY 2025 Financial Highlights

For the second quarter of the financial year 2024-25, the company reported operating revenue of ₹955.1 crore, reflecting a growth of 3.1% quarter-on-quarter (QoQ). The operating margin (EBITDA) stood at 27.9%, a 70 basis points increase in QoQ. Profit Before Tax (PBT) reached ₹298.7 crore, marking an 18.3% QoQ rise, while Profit After Tax (PAT) surged 24.6% QoQ to ₹229.4 crore.

The strong performance was driven by a robust 8.8% QoQ growth in the transportation segment, supported by large deals and significant growth in the SDV (Software-Defined Vehicle) and OEM (Original Equipment Manufacturer) business.

During the quarter, the company secured a landmark multi-year deal worth US$ 50 million from a global OEM headquartered in Europe. The deal spans SDV and various domains of automotive engineering. This strategic engagement will facilitate the development of an SDV platform and drive the next generation of mobility for the world-leading brand.

About Tata Elxsi

Tata Elxsi is one of the leading providers of design and technology services in the world. It offers its services across various industries including Broadcast, Automotive, Communications, Transportation and Healthcare.

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