Tata Elxsi Q2 net profit rises 10% to ₹170.3 crore; revenue up 15% to ₹1,055.7 crore
Tata Elxsi reported net profit of ₹170.30 crore for July to September 2026, against ₹154.82 crore a year earlier, on revenue from operations of ₹1,055.66 crore, up 15.0%. The results filing does not announce a dividend.
Tata Elxsi, which provides design and technology services to carmakers, broadcasters, healthcare and other companies, reported a net profit of ₹170.30 crore for the quarter ended 30 September 2026 (Q2 of the financial year 2026-27, called FY27). In the same quarter a year earlier it was ₹154.82 crore, a rise of 10.0% (170.30 ÷ 154.82 = 1.100). Compared with the previous quarter (April to June 2026, ₹170.60 crore), profit was 0.2% lower. Revenue from operations, the money earned from its services before costs, was ₹1,055.66 crore, up 15.0% from ₹918.10 crore a year earlier and up 3.4% from ₹1,021.11 crore in the previous quarter. Net profit is what remains after all costs and tax. The results filing and press release do not announce a dividend.
The board approved the results on 13 October 2026. They are audited, and the auditor, B S R & Co. LLP, gave an unmodified opinion, meaning it raised no reservation about the figures.
The numbers
| Metric | Q2 FY27 | Q1 FY27 | Q2 FY26 | Change vs year earlier |
|---|---|---|---|---|
| Net profit | ₹170.30 Cr | ₹170.60 Cr | ₹154.82 Cr | +10.0% |
| Revenue from operations | ₹1,055.66 Cr | ₹1,021.11 Cr | ₹918.10 Cr | +15.0% |
| Other income | ₹34.91 Cr | ₹41.46 Cr | ₹48.88 Cr | -28.6% |
| Profit before tax | ₹239.10 Cr | ₹232.46 Cr | ₹214.72 Cr | +11.4% |
| Basic earnings per share | ₹27.34 | ₹27.38 | ₹24.85 | +10.0% |
- Other income is money not earned from the main business, such as interest on deposits.
- Earnings per share (EPS) is net profit divided by the number of shares. Quarterly EPS is not annualised, the company notes.
- The company reported EBITDA (earnings before interest, tax, depreciation and amortisation, a measure of profit from operations) of ₹231.4 crore, up 7.1% from the previous quarter. EBITDA was 21.9% of revenue.
- In the press release, the company said revenue rose 2.3% from the previous quarter in constant currency, which removes the effect of exchange-rate changes. By its figures, constant-currency revenue rose 2.0% from the previous quarter in its transportation business, 3.4% in media and communications, and 3.5% in healthcare and life sciences.
- Chief executive Manoj Raghavan said in the release that salary revisions were made for all employees during the quarter.
First half of FY27
For April to September 2026, net profit was ₹340.90 crore, against ₹299.19 crore a year earlier, a rise of 13.9%. Revenue from operations was ₹2,076.76 crore, against ₹1,810.20 crore, a rise of 14.7%.
Basis of these figures
All figures are from the company’s audited results filing of 13 October 2026, opened from its investor page, except EBITDA, the constant-currency growth rates and the chief executive’s remarks, which are from its press release of the same date. The filing states that Tata Elxsi has no subsidiary, associate or joint venture, so it publishes one set of results; there is no separate consolidated figure. The filing reports amounts in ₹ lakh; we converted them to ₹ crore (1 crore = 100 lakh = 10 million) and rounded to two decimals. Net profit for each quarter was checked as profit before tax minus total tax in the filing, and the half-year profit matches the sum of the two quarters. Percentage changes are our arithmetic on the filing’s lakh figures. The ₹170.30 crore and ₹154.82 crore figures match the Whalesbook report.