The company attributed the PAT dip and flat revenues to the challenges in its automotive business.
Company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the quarter under review stood at Rs 208 crore while the EBITDA margin was reported at 22.9%.
Tata Elxsi’s board of directors recommended a final dividend of Rs 75 per equity share for the financial year 2024-25.
Commenting on the company’s earnings, Manoj Raghavan, CEO and Managing Director said that Tata Elxsi ended FY2025 with a revenue of Rs 3,729 crores and PBT margin of 26.3%. “Our automotive business witnessed challenges in the quarter as some OEMs and suppliers paused new program starts in the face of geopolitical, business and market uncertainties. We also saw delays in ramp-ups planned for ongoing deals won in the previous quarters, that we expect to resume starting Q1’26,” Raghavan said.
“We reported a healthy QoQ growth of 3.5% in constant currency terms in the quarter for our Healthcare & Life Sciences segment. This vertical continues to add marquee logos and pivot strongly to scaling services for digital, product engineering and innovation,” the CEO said.The media & communications business also saw customer specific issues in the quarter due to mergers and business restructuring, said the CEO as he highlighted how the overall industry continues to exercise caution in R&D spend and innovation.The company bagged a strategic multi-year product engineering consolidation deal of over $100 million with a marquee operator in media and communications, which i said was the largest single deal in the company’s history.
Also Read: HDFC Life Q4 Results: Cons PAT rises 15% YoY to Rs 475 crore, revenue jumps 16%
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