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Tata Elxsi delivers 29% growth in its net profits in Q3FY23 results

Net profit of Tata Elxsi rose 28.96% to INR 194.68 crore in the quarter ended December 2022 as against INR 150.96 crore during the previous quarter ended December 2021. While, sales rose 28.69% to INR 817.74 crore in the quarter ended December 2022 as against INR 635.41 crore during the previous quarter ended December 2021.

All three segments of EPD, IDV and SIS delivered robust growth of 5.1%, 25.5% and 9.3% QoQ respectively.

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