Tata Elxsi Ltd reported a 13.4% diminution successful nett profit to ₹172.4 crore for Q4 FY25.
SUMMARY
- Tata Elxsi's Q4 nett profit drops 13.4% to ₹172.4 crore.
- Revenue declines 3.3% owed to proscription conception challenges.
- Proposed ₹75 per stock dividend awaits shareholder approval.
Shares of Tata Elxsi are successful attraction coming as ITR firm announced its Q4 net past week. Tata Elxsi reported a 13.4% quarter-on-quarter diminution successful nett profit, amounting to ₹172.4 crore for nan 4th fourth of FY25, down from ₹199 crore successful nan erstwhile quarter. This alteration is attributed to ongoing challenges successful its superior proscription segment, which is experiencing difficulties owed to world waste and acquisition and geopolitical tensions. The committee recommended a last dividend of Rs 75 per equity stock (750%) for FY25, taxable to shareholder support astatine nan upcoming Annual General Meeting.
In nan erstwhile session, nan banal opened little up of Q4 earnings. Total 0.34 lakh shares of nan patient changed hands amounting to a turnover of Rs 16.50 crore connected BSE. Market headdress of nan patient stood astatine Rs 30,517 crore. Later, nan banal closed astatine Rs 4899 down 0.62% connected BSE.
Revenue from operations besides decreased by 3.3% to ₹908.3 crore, compared to ₹939.2 crore successful Q3 FY25. Despite these setbacks, nan company's committee has projected a last dividend of ₹75 per equity stock for FY25, contingent connected shareholder support astatine nan upcoming Annual General Meeting.
The company's proscription segment, responsible for 53% of its package services revenue, saw a astir 10% sequential decline, alongside pressures from geopolitical and marketplace uncertainties. Tata Elxsi CEO, Manoj Raghavan, mentioned that while nan automotive assemblage faced setbacks, nan Healthcare & Life Sciences conception showed robust growth. He highlighted a strategic, multi-year statement worthy €50 cardinal pinch a European automotive original instrumentality shaper (OEM), expected to commence from nan June quarter, arsenic a affirmative improvement amidst these challenges.
Tata Elxsi concluded FY25 pinch a workforce of 12,414, a simplification of 985 labor year-on-year. However, nan institution continues to put heavy successful integer technologies, including AI and generative AI, which now encompass complete 70% of its talent base.
"Over 70% of our talent guidelines is now AI-ready, and we person built a excavation of complete 500 specialists crossed domains and exertion areas," Raghavan noted. "We participate nan caller financial twelvemonth pinch a beardown instauration for stableness and semipermanent growth, supported by ample woody wins, continued customer confidence, a robust woody pipeline, and our differentiated, design-led proposition for invention and merchandise engineering."
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: Apr 21, 2025 8:58 AM IST