Net sales (including other operating income) of Tata Elxsi has increased 6.73% to Rs 635.41 crore.  

Operating profit margin has jumped from 30.10% to 33.18%, leading to 14.82% rise in operating profit to Rs 210.85 crore.  Purchase of finished goods cost fell from 5.09% to 3.51%.   Employee cost decreased from 52.23% to 51.86%.   Other expenses fell from 11.83% to 11.45%.   

Other income up 167.90% to Rs 6.51 crore.  PBIDT rose 16.82% to Rs 214.35 crore.  Provision for interest up 89.31% to Rs 3.01 crore.  

PBIDT rose 16.82% to Rs 214.35 crore.  Provision for depreciation rose 4% to Rs 14.04 crore.  

Profit before tax grew 17.15% to Rs 200.31 crore.  Provision for tax was expense of Rs 49.35 crore, compared to Rs 45.65 crore.  Effective tax rate was 24.64% compared to 26.70%.

Profit after tax rose 20.45% to Rs 150.96 crore.  

Promoters' stake was 44.32% as of 31 December 2021 ,compared to 44.53% as of 30 September 2021 .  

Promoters' stake was 44.32% as of 31 December 2021 ,compared to 44.53% as of 30 September 2021 .  

Consolidated quarterly performance YoY comparison  

Net sales (including other operating income) of Tata Elxsi has increased 33.18% to Rs 635.41 crore.  Sales of System Integration & Support Serv segment has gone up 16.28% to Rs 13.00 crore (accounting for 2.05% of total sales).  Sales of Software Development & Services segment has gone up 33.59% to Rs 622.42 crore (accounting for 97.95% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 41.78% to Rs 224.17 crore.  PBIT of System Integration & Support Serv segment rose 237.49% to Rs 1.27 crore (accounting for 0.56% of total PBIT).  PBIT of Software Development & Services segment rose 41.31% to Rs 222.91 crore (accounting for 99.44% of total PBIT).  

PBIT margin of System Integration & Support Serv segment rose from 3.36% to 9.74%.  PBIT margin of Software Development & Services segment rose from 33.86% to 35.81%.  Overall PBIT margin rose from 33.14% to 35.28%.  

Operating profit margin has jumped from 30.10% to 33.18%, leading to 46.83% rise in operating profit to Rs 210.85 crore.  Purchase of finished goods cost fell from 4.58% to 3.51%.   Employee cost decreased from 55.09% to 51.86%.   Other expenses rose from 10.23% to 11.45%.   

Other income fell 56.86% to Rs 6.51 crore.  PBIDT rose 36.97% to Rs 217.36 crore.  Provision for interest up 122.96% to Rs 3.01 crore.  

PBDT rose 36.23% to Rs 214.35 crore.  Provision for depreciation rose 27.06% to Rs 14.04 crore.  

Profit before tax grew 36.93% to Rs 200.31 crore.  Provision for tax was expense of Rs 49.35 crore, compared to Rs 41.09 crore.  Effective tax rate was 24.64% compared to 28.09%.

Profit after tax rose 43.50% to Rs 150.96 crore.  

Promoters' stake was 44.32% as of 31 December 2021 ,compared to 44.53% as of 31 December 2020 .  

Consolidated year-to-date performance.

Net sales (including other operating income) of Tata Elxsi has increased 36.80% to Rs 1,789.06 crore.  Sales of System Integration & Support Serv segment has gone up 22.37% to Rs 37.81 crore (accounting for 2.11% of total sales).  Sales of Software Development & Services segment has gone up 37.15% to Rs 1,751.26 crore (accounting for 97.89% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 53.03% to Rs 582.41 crore.  PBIT of System Integration & Support Serv segment rose 1,253.78% to Rs 2.38 crore (accounting for 0.41% of total PBIT).  PBIT of Software Development & Services segment rose 52.47% to Rs 580.03 crore (accounting for 99.59% of total PBIT).  

PBIT margin of System Integration & Support Serv segment rose from 0.57% to 6.29%.  PBIT margin of Software Development & Services segment rose from 29.79% to 33.12%.  Overall PBIT margin rose from 29.10% to 32.55%.  

Operating profit margin has jumped from 27.10% to 30.43%, leading to 53.65% rise in operating profit to Rs 544.47 crore.  Purchase of finished goods cost rose from 4.17% to 5.16%.   Employee cost decreased from 58.17% to 52.73%.   Other expenses rose from 10.53% to 11.68%.   

Other income fell 19.73% to Rs 26.44 crore.  PBIDT rose 47.41% to Rs 570.91 crore.  Provision for interest up 54.84% to Rs 6.24 crore.  

PBDT rose 47.33% to Rs 564.67 crore.  Provision for depreciation rose 19.26% to Rs 39.45 crore.  

Profit before tax grew 49.98% to Rs 525.22 crore.  Provision for tax was expense of Rs 135.56 crore, compared to Rs 97.24 crore.  Effective tax rate was 25.81% compared to 27.77%.

Profit after tax rose 54.05% to Rs 389.66 crore.  

Promoters' stake was 44.32% as of 31 December 2021 ,compared to 44.53% as of 31 December 2020 .  

Management Commentary:

Commenting on the performance, Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi said: "We are pleased to report another quarter of consistent and strong growth, supported by differentiated offerings and industry leading operational excellence.

We continue to execute strongly on all our key strategies, driving growth across our three primary industry verticals and regions, building on our software and digital product engineering capabilities.

We are seeing significant growth in the automotive market, with large and strategic deals with both OEMs and suppliers across Electric, Autonomous, connected and digital underscoring our technology and engineering leadership.

The superior topline and bottom-line performance was supported by industry-leading operational excellence and talent retention. We are continuing to invest in our talent pipeline to support continued growth.

We are entering the fourth quarter with the confidence of a strong order book and a healthy deal pipeline across key markets and industries."