Tata Elxi Revenues up 25% at Rs. 775 cr

Tata Elxsi Ltd. announced its results for the fourth quarter and year ended March 31, 2014, as approved by its Board of Directors.

It reported consolidated total income of Rs. 774.8 crore for the year ended 31st March 2014, an increase of 25% from Rs. 621.7 crore in the previous fiscal year.

The Profit before Tax (PBT) for FY14 rose to 112.2 crore from Rs. 33.4 crore in FY13, an increase of 236% on a year-on-year basis.

Net Profit for the year rose to 72.3 crore from Rs. 21.3 crore in FY13, an increase of 239% on a year-on-year basis.

The operating income for Q4 FY14 was Rs. 211.5 crore as compared to Rs. 163.4 crore for Q4 FY13, an increase of 29% on a year-on-year basis.

Profit before Tax rose to 35.5 crore from 12.7 crore, an increase of 180% on a year-on-year basis.

On a sequential quarter basis, operating income grew 6% and Profit Before Tax grew over 8%.


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