Tata Elxsi logs 3.6% dip in net profit to Rs 199 crore

Small-tier IT services company Tata Elxsi on Thursday reported a 3.6% decline in net profit to ₹199 crore for the third quarter ending December 2024. Its net profit stood at ₹206.43 crore in the same quarter a year ago. Sequentially, the profit dropped by 13.3% from ₹229.43 crore in the preceding quarter – July to September period.