Q4FY17 Results : Tata Elxsi
Nidhi Jani / 27 Apr 2017
The company reported PAT of Rs 44.5 crore, which represents a sequential QoQ decline of 24.09% and a YoY decline of 19.1%.
Tata Elxsi Ltd reported its results for the quarter ended March 31, 2017 on Thursday.
The company's total sales for Q4FY17 came in at Rs 326.05 crore, which represents a 5.38% sequential increase and 10.92% YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 68.95 crore and its EBIT margin stood at 21.15%.
The company reported PAT of Rs 44.5 crore, which represents a sequential QoQ decline of 24.09% and a YoY decline of 19.1%.
The company's stock opened at Rs 1570.10 and touched an intra-day low of Rs 1525 in today's trade on the BSE.
The company's board of directors have recommended a final dividend of Rs 16 per share on the face value of Rs 10 each.
Tata Elxsi Ltd is an Indian company engaged in the business of system integration and support services and software development and services. The company's business divisions include embedded products design, industrial design, visual computing labs and system integration. From automotive to aerospace, enterprise to consumer electronics, entertainment to FMCG, media to storage, semicon to telecom, the company provides customised design solutions to companies across the globe.
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