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Tata Elxsi Q3 FY26 Results Preview: Design and technology services firm Tata Elxsi is set to report its quarterly financial results on Tuesday, January 13. Analysts expect the Tata group company to stage a robust financial performance for the October-December period.
According to Zee Business research, Tata Elxsi's net profit is estimated to increase 3.2 per cent on a quarter-on-quarter (sequential) basis to Rs 160 crore, with revenue expected to increase 3.4 per cent to Rs 949 crore.
Zee Business analysts peg Tata Elxsi's December-quarter earnings before interest and taxes (EBIT) at Rs 180 crore, translating to a 5.9 per cent sequential rise.
They estimate the Tata group company's margin -- a key measure of profitability -- to improve to 18.97 per cent from 18.5 per cent in the September quarter.
Analysts expect demand in non-core auto segments like aerospace, defence, off-roading and commercial vehicles to support Tata Elxsi's earnings, with constant currency growth aided by strong auto spending in European and Japanese markets.
However, analysts also anticipate a sequential fall of around 4.0 per cent in the healthcare segment.
For the quarter ended September 30, Tata Elxsi reported a net profit of Rs 155 crore, up 7.3 per cent on a quarter-on-quarter basis. The company's net profit was aided by higher revenue and margin gains.
Its top-line expanded 3.9 per cent sequentially to Rs 967 crore, reflecting consistent business performance.
The company's earnings per share improved from Rs 23.18 to Rs 24.85 -- a rise of 7.2 per cent.
On Monday, Tata Elxsi (TATAELXSI) shares ended 0.1 per cent higher at Rs 5,695.5 apiece on BSE.
At this level, the Tata Elxsi stock has declined 4.4 per cent in a year, underperforming an 11.7 per cent rise in the Nifty50.
Tata Elxsi has made a strong start to the New Year, up 8.6 per cent as of January 12. The headline index has declined 1.5 per cent during this period.
TCS Q3 FY26 results | A quick take
TCS has kicked off the earnings season for India Inc, by reporting a net profit of Rs 10,657 crore for the December quarter. Its revenue increased 2.0 per cent to Rs 67,087 crore.
According to Zee Business research, the Tata group IT giant was estimated to register a December-quarter net profit of Rs 13,078 crore with Rs 66,706 crore.
Tata Consultancy Services' margin remained unchanged sequentially, at 25 per cent.