Tata Elxsi Q4 results: Consolidated net profit rises 26% to Rs 202 cr

Tata Elxsi Ltd, on Thursday, posted a consolidated net profit of Rs 202 crore for the March quarter. This is 26.25 per cent rise from Rs 160 crore a year ago, the company statement said.

The company’s consolidated revenue from operation rose by 22.87 per cent to Rs 838 crore for the March quarter as compared to Rs 682 crore in the year-ago period.

In a regulatory filing, Tata Elxsi said, “the board of directors has recommended a final dividend of 606 per cent at Rs 60.60 per share for the financial year 2022-23, subject to tax, which shall be paid/dispatched on or after the seventh day from the conclusion of the 34th Annual General Meeting, subject to the approval of the shareholders of the company.”