Tata Elxsi Q3 results: PAT falls 3.6% to Rs 199 cr, revenue at Rs 939 cr
By
Binu Mathew
Indian engineering and technology services firm Tata Elxsi reported a smaller-than-expected third-quarter revenue on Thursday, hurt by sluggish demand in its media and communications division.
The company’s revenue from operations rose 2.7 per cent to Rs 939 crore ($109.40 million) for the quarter ended Dec. 31, below analysts’ estimate of Rs 969 crore, according to data compiled by LSEG.