Tata Elxsi Announces Financial Results For The Year Ended March 31, 2014

FY14 Revenues up 25% at Rs. 775 cr; PBT up 236% at Rs. 112 cr Q4 FY14 Revenues up 29% y-o-y and 6% q-o-q; Q4 PBT up 180% Y-o-Y and 8% Q-o-Q
 
 
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Location:
Bengaluru - Karnataka - India

Subject:
Earnings

BENGALURU, India - April 22, 2014 - PRLog -- Tata Elxsi Ltd. announced its results today for the fourth quarter and year ended March 31, 2014, as approved by its Board of Directors.

It reported consolidated total income of Rs. 774.8 crore for the year ended 31st March 2014, an increase of 25% from Rs. 621.7 crore in the previous fiscal year.

The Profit before Tax (PBT) for FY14 rose to 112.2 crore from Rs. 33.4 crore in FY13, an increase of 236% on a year-on-year basis.

Net Profit for the year rose to 72.3 crore from Rs. 21.3 crore in FY13, an increase of 239% on a year-on-year basis.

The operating income for Q4 FY14 was Rs. 211.5 crore as compared to Rs. 163.4 crore for Q4 FY13, an increase of 29% on a year-on-year basis.

Profit before Tax rose to 35.5 crore from 12.7 crore, an increase of 180% on a year-on-year basis.

On a sequential quarter basis, operating income grew 6% and Profit Before Tax grew over 8%.

About Tata Elxsi

Tata Elxsi is a design company that blends technology, creativity and engineering to help customers transform ideas into world-class products and solutions. A part of the $ 100 billion Tata group, Tata Elxsi addresses the communications, consumer products,defence, healthcare, media & entertainment, semiconductor and transportation sectors. Key services include embedded product design, industrial design, animation & visual effects and systems integration.

Headquartered in Bangalore, India, Tata Elxsi’s global network of offices includes Dubai, China, France, Germany, Japan, Malaysia, South Africa, UAE, UK, and USA.

For more information, visit us http:// www.tataelxsi.com

Media Contact
Tata Elxsi

Hari Balan
Corporate Manager
media@tataelxsi.com (mailto:info@tataelxsi.com)

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Tata Elxsi
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