Q4 results today: As the earnings season is ongoing, several companies announced their Q4 results today. Among them, two companies which declared their MArch quarter results included Tata Elxsi and ICICI Securities. Here are key highlights of the results.

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Tata Elxsi Q4 net profit rises 39 pc to Rs 160 crore

Technology services firm Tata Elxsi on Wednesday posted a 38.9 per cent increase in net profit at Rs 160 crore in the fourth quarter ended March 2022.

The company had registered a net profit of Rs 115.16 crore in the year-ago period.

The income from operations grew by 31.5 per cent to Rs 681.73 crore during the quarter from Rs 518.39 crore in March 2021 quarter.

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For the year ended March 2022, Tata Elxsi's net profit grew 49.3 per cent to Rs 549.67 crore from Rs 368.12 crore a year ago.

Tata Elxsi's annual income from operations rose 35 per cent to Rs 2,470.79 crore compared to Rs 1,826.15 crore in 2021-22.

This has been the strongest year of growth in the company's history and an all-around performance across business units, industries and geographies. Our Transportation business is now on a path of accelerated growth, with our differentiated EV, Autonomous, Connected and Digital capabilities powering large deal wins,? Tata Elxsi CEO and Managing Director, Manoj Raghavan said in a statement.

The healthcare business of the company grew by 72.4 per cent on a year-on-year basis over 2020-21.

"We continue to win market share and strengthen our position in the market, supported by the passion and commitment to delivery excellence and customer delight from the entire Tata Elxsi team. On the whole, it has been a great performance amidst a year of pandemic-led disruptions and supply related challenges across the industry. We continue to invest in building our talent pipeline to fuel continued growth," Raghavan said.

The company's board recommended a final dividend of Rs 42.50 per equity share of par value of Rs 10 each for the financial year ending March 31, 2022.

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ICICI Securities Q4 PAT up 3 pc at Rs 340 cr

ICICI Securities on Wednesday reported a 3 per cent growth in profit after tax (PAT) at Rs 340 crore for the three months to March 2022.

In comparison, the company had posted a PAT of Rs 329.47 crore in the same quarter of the preceding fiscal, ICICI Securities said in a statement.

The company posted a 21 per cent jump in revenue at Rs 892 crore in the quarter under review, from Rs 739.34 crore in the year-ago period, aided by strong all-round performance across business segments.
ICICI Securities has a client base of 76 lakh, of which over 6.2 lakh were added during the quarter.

"We are happy to report an all-round financial performance with growth in all our business segments which is a testimony to our execution capabilities," the company's Managing Director and Chief Executive Officer Vijay Chandok said.

"As we continue our journey towards becoming a digitally integrated financial marketplace, our focus will be on Diversification, operating leverage, strengthening product positioning. We will continue making investments in Next-Gen technology to build a 'future ready architecture' and in our brand as well as on building a diversified talent pool," he added.

During the quarter, 65 per cent of customers acquired were under 30 years of age (versus 62 per cent year-on-year) and 84 per cent were from tier II and below geographies (versus 80 per cent year-on-year).

The company's board has declared a final dividend of Rs 12.75 per share, amounting to Rs 24 per share for FY22, which is its highest-ever.

For the financial year ended March 2022, the company reported a PAT of Rs 1,383 crore, up 29 per cent from the preceding fiscal. Revenue grew 33 per cent to Rs 3,438 crore.

ICICI Securities, a subsidiary of ICICI Bank, has four lines of businesses -- broking, distribution of financial products, wealth management and investment banking.