Tata Elxsi Q3: Revenue Up, Profit Down 30% Sequentially Amid Cost Pressures

• Tata Elxsi reported mixed Q3 FY26 results with steady revenue growth but a sequential profit decline.
• Revenue increased 3.8% quarter-on-quarter to ₹953.5 crore from ₹918.1 crore in Q2.
• Net profit fell 29.6% sequentially to ₹109 crore, down from ₹154.8 crore, due to higher operational costs.
• EBIT rose 17.7% to ₹199.9 crore, and EBIT margin expanded to 21% from 18.5% in Q2.
• Tata Elxsi shares closed up 1.75% at ₹5,793 on the NSE before the earnings announcement.

Why It Matters: Tata Elxsi saw revenue growth and improved operational efficiency in Q3, but higher costs impacted profit.