Tata Elxsi Q2FY18 standalone net profit rises 15.1% qoq to Rs.57.2 crore

India Infoline Research Team | October 25, 2017 13:55 IST

Tata Elxsi Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 QoQ (%)
Revenue 342.2 5.9
EBITDA 84 14.4
EBITDA Margin (%) 24.6 184
Net Profit (adjusted) 57.2 15.1
***EBITDA margin change is bps
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Reco. Price

862

Last updated on

13-Oct-2017



Tata Elxsi standalone revenue for the quarter came in at Rs. 342.2 crores, registering 5.9% QoQ increase.
 
EBITDA for the quarter rose by 14.4% QoQ to Rs. 84 crores with a corresponding margin expansion of 184 bps. EBITDA margin for the quarter stood at 24.6%. This margin expansion was aided by decrease in other expenses.

PAT for the quarter came in at Rs. 57.2 crores, QoQ increase of 15.1%.


Technical View:

Tata Elxsi Ltd is currently trading at Rs. 870, up by 16.7 points or 1.96% from its previous closing of Rs. 853.30 on the BSE.
The scrip opened at Rs. 850.05 and has touched a high and low of Rs. 888 and Rs. 835.35 respectively. So far 9,27,097(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.

BSE 911.00 [8.65] ([0.94]%)
NSE 915.80 [3.75] ([0.41]%)

***Note: This is a NSE Chart

 

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