On a quarter-on-quarter basis, the company's net profit and revenue were lower by 13.26% and 1.66%, respectively. Profit before tax (PBT) stood at Rs 255.84 crore in the quarter ended 31 December 2024 quarter, down 14.34% QoQ and 6.65% YoY. EBITDA stood at Rs 246.6 crore in the quarter ended 31 December 2024 (down 7.4% QoQ and up 8.7% YoY). EBITDA margin was at 20.3% in Q3 FY25 as compared to 22.5% posted in Q2 FY25 and 21.7% in Q3 FY24. The revenue growth stood at 2% YoY while remained flat on a QoQ basis in constant currency (CC) terms. Transportation grew by 0.5% QoQ in CC terms, amidst longer deal closure cycles being witnessed in the automotive industry. Healthcare grew by 1.1% QoQ in CC terms with new customer wins and traction from digital and Gen AI-powered offerings. Media and Communications revenue grew by 0.4% QoQ in CC terms in a quarter that is traditionally soft and impacted by furloughs. The company's total headcount in Q3 of FY25 stood at 12,878. Attrition rate stood at 12.4% in Q3 FY25 as compared to 12.9% in Q3 FY24 and 12.5% in Q2 FY25. Manoj Raghavan, CEO and managing director of Tata Elxsi, said, 'We continue to see positive outcomes of our strategic business focus on Japan, emerging markets, and capitalizing on the India opportunity. During the quarter, our revenue from India has grown by 21.9% YoY, while Japan and emerging markets grew at 66.8% YoY. This will serve us well over the next few quarters even as we navigate geopolitical uncertainty, currency volatility, and industry-specific challenges in Europe and the US. Amongst the verticals, transportation business growth was 0.5% QoQ in constant currency terms, while media and communication business grew by 0.4% QoQ in constant currency terms. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ in constant currency terms. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. Our Media & Communication business reported QoQ CC growth in a quarter that is typically soft and affected by furloughs. We are positioned well to help customers in the media, entertainment, and telecom industries on all three levers of growth, efficiency, and innovation. We won a large multi-year deal with a US-headquartered MSO to develop and manage their portfolio of applications and expect to ramp this up over the next few quarters. We are positioned well in some very large deals across the world, with decisions and outcomes expected in the coming quarter and beyond. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. We are delighted to be launching our AVENIR SDV software suite at the CES 2025 Conference in Las Vegas, the premier global showcase for technology innovation. AVENIR encompasses a cloud-native virtual development platform and a hybrid global validation platform and is powered by the Snapdragon Digital Chassis platform in partnership with Qualcomm. We step into the fourth quarter of this financial year with the confidence of large automotive deal wins in the year and quarter that will see continued ramp-ups even as we navigate the current volatility in the automotive market, the stability and return to growth in our healthcare and media & communications verticals, and large strategic deals in the pipeline across all our key verticals.' Tata Elxsi is among the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation.Powered by Capital Market - Live

Net profit of Tata Elxsi declined 3.59% to Rs 199.01 crore in the quarter ended December 2024 as against Rs 206.43 crore during the previous quarter ended December 2023. Sales rose 2.73% to Rs 939.17 crore in the quarter ended December 2024 as against Rs 914.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales939.17914.23 3 OPM %26.2629.55 - PBDT281.82299.52 -6 PBT255.85274.07 -7 NP199.01206.43 -4 Powered by Capital Market - Live

On a quarter-on-quarter basis, the company's net profit and revenue were lower by 13.26% and 1.66%, respectively. Profit before tax (PBT) stood at Rs 255.84 crore in the quarter ended 31 December 2024 quarter, down 14.34% QoQ and 6.65% YoY. EBITDA stood at Rs 246.6 crore in the quarter ended 31 December 2024 (down 7.4% QoQ and up 8.7% YoY). EBITDA margin was at 20.3% in Q3 FY25 as compared to 22.5% posted in Q2 FY25 and 21.7% in Q3 FY24. The revenue growth stood at 2% YoY while remained flat on a QoQ basis in constant currency (CC) terms. Transportation grew by 0.5% QoQ in CC terms, amidst longer deal closure cycles being witnessed in the automotive industry. Healthcare grew by 1.1% QoQ in CC terms with new customer wins and traction from digital and Gen AI-powered offerings. Media and Communications revenue grew by 0.4% QoQ in CC terms in a quarter that is traditionally soft and impacted by furloughs. The company's total headcount in Q3 of FY25 stood at 12,878. Attrition rate stood at 12.4% in Q3 FY25 as compared to 12.9% in Q3 FY24 and 12.5% in Q2 FY25. Manoj Raghavan, CEO and managing director of Tata Elxsi, said, 'We continue to see positive outcomes of our strategic business focus on Japan, emerging markets, and capitalizing on the India opportunity. During the quarter, our revenue from India has grown by 21.9% YoY, while Japan and emerging markets grew at 66.8% YoY. This will serve us well over the next few quarters even as we navigate geopolitical uncertainty, currency volatility, and industry-specific challenges in Europe and the US. Amongst the verticals, transportation business growth was 0.5% QoQ in constant currency terms, while media and communication business grew by 0.4% QoQ in constant currency terms. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ in constant currency terms. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. Our Media & Communication business reported QoQ CC growth in a quarter that is typically soft and affected by furloughs. We are positioned well to help customers in the media, entertainment, and telecom industries on all three levers of growth, efficiency, and innovation. We won a large multi-year deal with a US-headquartered MSO to develop and manage their portfolio of applications and expect to ramp this up over the next few quarters. We are positioned well in some very large deals across the world, with decisions and outcomes expected in the coming quarter and beyond. Our Healthcare & Lifesciences business reported growth of 1.1% QoQ. We continue to win new marquee healthcare customers, and our Gen AI-powered regulatory, digital engineering, and sustainability offerings are seeing significant traction in the market. We are delighted to be launching our AVENIR SDV software suite at the CES 2025 Conference in Las Vegas, the premier global showcase for technology innovation. AVENIR encompasses a cloud-native virtual development platform and a hybrid global validation platform and is powered by the Snapdragon Digital Chassis platform in partnership with Qualcomm. We step into the fourth quarter of this financial year with the confidence of large automotive deal wins in the year and quarter that will see continued ramp-ups even as we navigate the current volatility in the automotive market, the stability and return to growth in our healthcare and media & communications verticals, and large strategic deals in the pipeline across all our key verticals.' Tata Elxsi is among the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. Shares of Tata Elxsi fell 0.45% to end at Rs 6,443.70 on the BSE.Powered by Capital Market - Live

Tata Elxsi and the CSIR-National Aerospace Laboratories (CSIR-NAL) have signed a Memorandum of Understanding (MoU) to establish a Strategic Partnership for Advanced Air Mobility. This collaboration is focused on driving innovation in emerging areas such as Unmanned Aerial Vehicles (UAVs), Urban Air Mobility (UAM), and electric vertical take-off and landing (eVTOL) aircraft. The partnership combines NAL's deep aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes to support global and Indian markets.Powered by Capital Market - Live

Tata Elxsi, Inc. has announced its plans to work with Qualcomm Technologies, Inc. to develop and leverage virtual models of Snapdragon' Digital Chassis' solutions for cloud-native application development. Through the intended technology collaboration, which will be demonstrated at the Consumer Electronics Show (CES) 2025, Tata Elxsi will develop a virtual electronic control unit (ECU) platform for automakers and Tier-1 suppliers using Snapdragon virtual system-on-chips (VSoCs) for the next generation of mobility solutions for passenger, commercial, and off-highway vehicle segments. Tata Elxsi aims to utilize the Snapdragon Digital Chassis VSoCs to help revolutionize the SoftwareDefined Vehicle (SDV) development process, enabling R&D teams to accelerate software development and validation. By reducing the dependency on hardware availability, this initiative aims to streamline and speed up product development lifecycles, ensuring that advanced mobility solutions reach the market faster and more efficiently. At CES 2025, Tata Elxsi will showcase this process using the company's AVENIR' SDV suite of solutions integrated with Qualcomm Technologies' Snapdragon Ride' Flex SoC. The demonstration will highlight real-world use cases, including mixed-critical workloads for infotainment and advanced driver assistance systems.Powered by Capital Market - Live

Tata Elxsi will hold a meeting of the Board of Directors of the Company on 9 January 2025.Powered by Capital Market - Live

Tata Elxsi will hold a meeting of the Board of Directors of the Company on 9 January 2025.Powered by Capital Market - Live

Tata Elxsi in partnership with DENSO Robotics Europe and AAtek, announced the inauguration of the 'Robotics and Automation Innovation Lab' at its Frankfurt office. This state-of-the-art facility aims to drive the future of robotics automation across sectors such as medical devices, pharmaceuticals, life sciences and food science. Equipped for both proof-of-concept (POC) and full-scale development, the lab will serve as a research and development hub, focusing on modular automation, accelerating product development, and simplifying maintenance to meet global demand for automation solutions. This includes live demonstrations of high-precision and modular robotic implementations in cell/tissue culture, diagnostics, and sterilised environments. The new facility will specialise in key areas, leveraging AI-driven analytics to support personalised medicine, automated handling of cell cultures in sterile environments, liquid handling and dispensing solutions, hospital lab automation, drug discovery, bioprocessing, and diagnostics. The centre will provide services including product design and engineering, application development, platform engineering, and regulatory compliance support. This unique combination of state-of-the-art technology and deep automation expertise provides customers with a platform to co-create, test, and deploy robotic solutions designed to meet the specific regulatory and operational challenges of the healthcare industry. Designed to foster innovation in the region, the lab is also open to researchers and students from the Frankfurt Innovation Center (FIZ) and the startup ecosystem in the Hessen region. Powered by Capital Market - Live

Suzuki Motor Corporation and Tata Elxsi inaugurated the 'SUZUKI-TATA ELXSI Offshore Development Center' in Pune, India. This dedicated center will drive Suzuki's innovations in advanced engineering, shaping the future of mobility. Tata Elxsi will support Suzuki in its green mobility vision by aligning with Suzuki's goals for sustainable innovation in lightweight design, safety, styling and engineering, eco-friendly materials, and advanced simulations to improve time-to-market. The partnership will also focus on next-generation powertrains and software-defined vehicles, fostering energy-efficient solutions for electric, hybrid, and alternative fuel vehicles.Powered by Capital Market - Live

Tata Elxsi has allotted 2,361 equity shares under ESOP on 10 October 2024. With this allotment, the paid up equity share capital has increased to Rs. 62,28,19,760 divided into 6,22,81,976 equity shares of Rs. 10 each. Powered by Capital Market - Live