Tata Elxsi Q3: Profit Dips 30% QoQ Despite Revenue Surge; Shares in Focus

• Tata Elxsi reported a 3.8% quarter-on-quarter revenue increase to ₹953.5 crore in Q3 FY26.
• Net profit for the December quarter fell by 29.6% QoQ to ₹109 crore, primarily due to increased operational costs.
• EBIT strengthened by 17.7% to ₹199.9 crore, with EBIT margin improving from 18.5% to 21% due to operational efficiency.
• Tata Elxsi's shares closed up 1.75% at ₹5,793 on Monday, showing a 14.75% rise in the last month but a 2.50% decline over the past year.
• The company specializes in engineering services, product development, and digital transformation across various sectors including automotive and healthcare.

Why It Matters: Tata Elxsi's Q3 saw strong revenue growth and improved operational efficiency, but profit declined due to higher costs.