Tata Elxsi Profit Drops Despite Revenue Gains

• Tata Elxsi's Q3 FY26 revenue up 3.8% to ₹953.5 crore, showing business growth.
• Net profit dropped 29.6% to ₹109 crore due to higher expenses, though EBIT rose.
• EBIT margin improved to 21%, indicating better operational efficiency for Elxsi.

Tata Elxsi Ltd reported a mixed performance for Q3 FY26, balancing steady top-line growth with softer sequential profitability. The company continues to maintain

operational discipline while navigating cost pressures, resulting in improved margins.

Tata Elxsi Ltd announced its Q3 FY26 results after market hours on Tuesday, January 13, posting a mixed performance. Revenue grew 3.8% sequentially to ₹953.5 crore, compared with ₹918.1 crore in Q2, reflecting steady business momentum.

Net profit declined 29.6% quarter-on-quarter to ₹109 crore from ₹154.8 crore, impacted by higher operational costs, though EBIT rose 17.7% to ₹199.9 crore.

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The company’s EBIT margin expanded to 21% from 18.5% in Q2, signalling improved operational efficiency.

Ahead of earnings, Tata Elxsi shares closed at ₹5,793 on the NSE, up 1.75% or ₹99.50.