Tata Elxsi tops ₹1,000 cr quarterly revenue for first time
June-quarter revenue rose 14.4% YoY to ₹1,021 crore, while net profit grew 18% to ₹170.6 crore. The company crossed the ₹1,000-crore mark for the first time, with an unmodified audit opinion and no exceptional items.
— 6 earlier stories on Tata Elxsi Ltd. →What's new
- Revenue crossed ₹1,000 crore for the first time, at ₹1,021 crore.
- Net profit grew 18% YoY to ₹170.6 crore.
- Auditor gave unmodified opinion; no exceptional items.
Why this matters
Crossing the ₹1,000-crore revenue milestone is a clear sign of scale. With no debt and a 20.7% ROE, Tata Elxsi is delivering consistent profit growth alongside top-line expansion, all without any one-time boosts.
What we're watching
- Whether revenue can sustain above ₹1,000 cr in coming quarters.
- Margin trajectory (cost controls remain key in a competitive IT services market).
- Any new platform-led deals like NEURON or AnaTel that could drive further acceleration.
The full read
Tata Elxsi delivered a landmark quarter: ₹1,021 crore in revenue, the first time it has crossed the ₹1,000-crore mark. Net profit rose 18% to ₹170.6 crore, and the auditor signed off without qualification. No exceptional items, no debt, and a trailing ROE above 20%. The 14.4% YoY top-line growth is healthy for an IT services firm, and it comes on the heels of platform launches like NEURON and AnaTel that could sustain the momentum. The only question is whether this is a new baseline or a peak. But for now, the numbers speak for themselves.
Questions answered
- What drove the revenue growth in Q1 FY27?
- The software development and services segment contributed ₹992 crore of the ₹1,021 crore total. The company did not break out growth by geography or vertical, but the overall 14.4% YoY rise was broad-based.
- How does this compare to previous quarters?
- This is the first time quarterly revenue has exceeded ₹1,000 crore. The March quarter figure in the company context is from a much earlier period (March 2015), so it is not comparable. The more relevant prior landmark is crossing ₹1,000 crore for the first time.
- Did the results include any one-time gains or charges?
- No. The auditor issued an unmodified opinion, and the company reported no exceptional items for the quarter.
- What is the company's financial position?
- Tata Elxsi has zero debt and a trailing ROE of 20.7%. Its trailing P/E is 39.9, reflecting premium valuation consistent with strong growth and asset-light model.
Tata Elxsi Ltd.
Latest quarter · Mar 2015
Strength & growth
Story so far
All notes on TATAELXSI →- 14 Jul 2026 · 6:15 PM IST Tata Elxsi tops ₹1,000 cr quarterly revenue for first time
- 1d ago Tata Elxsi's Q1 transcript: Revenue tops ₹1,000 cr, margin slips 330 bps
- 4d ago Tata Elxsi tops ₹1,000 cr revenue; margin slips 330 bps
- 4d ago Tata Elxsi crosses ₹1,000 cr quarterly revenue for the first time
- 24d ago Tata Elxsi's NEURON platform delivers 60–70% cost cuts for Sky