Internet
Tata Elxsi posts 10.7% revenue growth and 33.9% PBT growth YoY
The company's growth was driven by its largest division - Embedded Product Design (EPD).
Within EPD, Media & Communications vertical grew by 23.3% YoY and 3.3% QoQ and healthcare vertical grew by 26.5% YoY and 5.3% QoQ. Transportation vertical continues to be impacted owing to muted sales and sales forecasts from OEMs leading to reduction in spends and deal deferrals across the transportation value chain.
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Tata Elxsi is amongst the world's leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare and Transportation.
Tata Elxsi is helping customers reimagine their products and services through design thinking and application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual Reality and Artificial Intelligence.
Hari Balan
Corporate Communications
+91 80 2297 9123
Email: media@tataelxsi.com
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