Tata Elxsi Q1 Results Live : Tata Elxsi declared their Q1 results on 10 Jul, 2024, revealing a topline growth of 8.96% year-over-year. However, the profit took a hit, decreasing by 2.53% YoY.
In comparison to the previous quarter, the revenue saw a 2.26% increase while the profit witnessed a 6.53% decline.
The Selling, general & administrative expenses showed a slight uptick of 0.44% quarter-over-quarter and a significant increase of 12.68% year-over-year.
Operating income experienced a decrease of 3.63% sequentially and 2.11% year-over-year.
The Earnings Per Share (EPS) for Q1 stood at ₹29.55, marking a 2.54% decrease year-over-year.
Tata Elxsi’s recent performance in the market includes a -1.67% return in the last week, -20.22% return over the last 6 months, and a year-to-date return of -20.52%.
With a current market cap of ₹43328.52 Cr, Tata Elxsi’s 52-week high/low are ₹9200 & ₹6411.2 respectively.
Analysts’ ratings as of 12 Jul, 2024, show that out of 10 analysts covering the company, 4 have rated it as Strong Sell, 3 as Sell, 2 as Buy, and 1 as Strong Buy.
The consensus recommendation as of 12 Jul, 2024, leans towards Sell for Tata Elxsi.