'
Tata Elxsi
hosted a conference call on July 10, 2025. In the conference call, the company
was represented by Mr Manoj Raghavan-CEO & MD and Mr Gaurav Bajaj – Chief
Financial Officer.
Key
Takeaways of the call
The company
reported operating revenues of Rs 892.1 crore down by 1.8% QoQ in Q1FY2026.
EBITDA margin
stood at 20.9% and PBT margin stood at 21.1% in Q1FY2026.
The quarter was
challenging across key regions with geopolitical uncertainties and industry and
customer specific issues impacting R&D spend and deal closures across
geographies.
Transportation business:
The transportation business which represents more than 50% of the company’s
overall revenues did well to exit flat in constant currency terms. The
automotive industry is still in a state of flux with China business and tariff
related uncertainties costing cloud on R& D spend. While the tier I supplier business...
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