{"id":37182,"date":"2022-04-20T21:45:26","date_gmt":"2022-04-20T16:15:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-tata-elxsi-2\/"},"modified":"2022-04-21T10:50:14","modified_gmt":"2022-04-21T05:20:14","slug":"biz-results-tata-elxsi-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-tata-elxsi-2\/","title":{"rendered":"Tata Elxsi Q4 net profit rises 39% to Rs 160 crore"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2905090350\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Technology services firm Tata Elxsi on Wednesday posted a 38.9 per cent increase in net profit at Rs 160 crore in the fourth quarter ended March 2022.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-895566306\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The company had registered a net profit of Rs 115.16 crore in the year-ago period.<\/p>\n<p>The income from operations grew by 31.5 per cent to Rs 681.73 crore during the quarter from Rs 518.39 crore in March 2021 quarter.<\/p>\n<p>For the year ended March 2022, Tata Elxsi&#8217;s net profit grew 49.3 per cent to Rs 549.67 crore from Rs 368.12 crore a year ago.<\/p><div class=\"trade-content_5\" id=\"trade-119319801\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Tata Elxsi&#8217;s annual income from operations rose 35 per cent to Rs 2,470.79 crore compared to Rs 1,826.15 crore in 2021-22.<\/p>\n<p>\u201cThis has been the strongest year of growth in the company\u2019s history and an all-around performance across business units, industries and geographies. Our Transportation business is now on a path of accelerated growth, with our differentiated EV, Autonomous, Connected and Digital capabilities powering large deal wins,\u201d Tata Elxsi CEO and Managing Director, Manoj Raghavan said in a statement.<\/p>\n<p>The healthcare business of the company grew by 72.4 per cent on a year-on-year basis over 2020-21.<\/p>\n<p>&#8220;We continue to win market share and strengthen our position in the market, supported by the passion and commitment to delivery excellence and customer delight from the entire Tata Elxsi team. On the whole, it has been a great performance amidst a year of pandemic-led disruptions and supply related challenges across the industry. We continue to invest in building our talent pipeline to fuel continued growth,&#8221; Raghavan said.<\/p>\n<p>The company&#8217;s board recommended a final dividend of Rs 42.50 per equity share of par value of Rs 10 each for the financial year ending March 31, 2022.<\/p>\n<div class=\"trade-after-content\" id=\"trade-1173692811\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Technology services firm Tata Elxsi on Wednesday posted a 38.9 per cent increase in net profit at Rs 160 crore in the fourth quarter ended March 2022. The company had registered a net profit of Rs 115.16 crore in the year-ago period. The income from operations grew by 31.5 per cent to Rs 681.73 crore [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":16534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[2446,3328],"class_list":["post-37182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news","category-trending-news","tag-tata-elxsi","tag-tata-elxsi-results"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata Elxsi Q4 net profit rises 39% to Rs 160 crore - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-tata-elxsi-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata Elxsi Q4 net profit rises 39% to Rs 160 crore\" \/>\n<meta property=\"og:description\" content=\"Technology services firm Tata Elxsi on Wednesday posted a 38.9 per cent increase in net profit at Rs 160 crore in the fourth quarter ended March 2022. 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