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Tata Elxsi hosted a conference call on January 09, 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

Q3FY2025:

The company has delivered steady quarter of topline in Q3FY2025 which is seasonally weak quarter for the company.

Revenues in Q3FY2025 stood at Rs 939.2 crore growing -1.7% QoQ and 2.7% YoY.

In constant currency (CC) terms revenue growth was flat on a QoQ and a growth of 2% YoY.

The company witnessed positive outcomes from strategic focus on Japan, India and Emerging Economies. During the quarter, the company’s revenue from India grew by 21.9% YoY, while Japan and emerging markets grew by 66.8% YoY. This will serve the company well over the next few quarters even as the company navigates geopolitical uncertainty, currency volatility and industry specific ch...

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