Tata Elxsi Q4 Results: Profit Slips 13%, Declares Dividend Of Rs 75 Apiece

Tata Elxsi Q4 PAT falls 12% YoY to Rs 172 crore amid strain in automotive biz; declares Rs 75 per share final dividend - GAGA INDIA

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Tata Elxsi Q4 Results: Profit Slips 13%, Declares Dividend Of Rs 75 Apiece

Tata Elxsi Ltd.'s consolidated net profit dropped 13% sequentially to Rs 172 crore in the fourth quarter of the last financial year.For the quarter under review, the technology services provider's revenue fell 3.3% quarter-on-quarter to Rs 908 crore. Earnings before interest and taxes declined 17% to Rs 183 crore, according to an exchange filing on Thursday.Its EBIT margin contracted to 20.1% in the quarter ended March in comparison to 23.5% in …