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11-Jul-2024

Tata Elxsi

Revenue growth in FY2025 to be better than FY2024


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Tata Elxsi hosted a conference call on July 10, 2024. In the conference call, the company was represented by Mr Manoj Raghavan-CEO & MD, Mr Nitin Pai – Chief Marketing and Chief Strategy Officer and Mr Gaurav Bajaj – Chief Financial Officer.

Key Takeaways of the call

Q1FY2025:

The company has delivered steady quarter of growth in Q1FY2025. Q1FY2025 was a good quarter for the company with transportation vertical picking up.

Revenues in Q1FY2025 stood at Rs 926.5 crore growing 2.4% QoQ and 8.4% YoY in CC terms.

EBITDA for the quarter stood at Rs 252.3 crore staying flat at 0.3 % growth YoY.

PBT stood at Rs 252.4 crore as against Rs 262.4 crore in the previous quarter.

The company executed very well on operational excellence and fiscal discipline in Q1FY2025 towards bottom-line performance, despite the impact of an exceptional one-off expense in the quarter and an ...



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