Automotive and Transportation
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Automotive and Transportation
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Tata Elxsi Q3 Results Preview: 36-Yr-Old Tata Company To See Uptick In Revenue, EBIT Margins; Key Focus Area

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During Q2FY25, the company posted revenue growth of 3.1% QoQ to Rs 955.1 crore, while PAT was at Rs 229.4 crore higher by 24.6% QoQ. Transportation grew strongly at 8.8% QoQ, aided by large deals and growth in SDV and OEM business.
Tata Elxsi, a 36-year-old company under the Tata Group, is expected to report a significant uptick in its financial performance for the third quarter. Analysts predict a revenue increase of 3-4% quarter-on-quarter, driven by robust growth in its key segments: Embedded Product Design (EPD), Industrial Design & Visualization (IDV), and System Integration & Support (SIS). The company's focus on sectors like automotive, media, and healthcare is anticipated to bolster its revenue. Moreover, there is a keen interest in the company's EBITDA margins, which are expected to expand due to better operational efficiencies and a favorable business mix. Investors and market watchers are particularly focused on how Tata Elxsi manages its costs and leverages its design-led engineering capabilities to maintain its growth trajectory amidst global economic challenges.

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