Tata Elxsi Ltd Q3 FY2022-23 net profit higher at Rs. 194.67 crores

Tata Elxsi Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 836.8779 crores during the period ended December 31, 2022 as compared to Rs. 781.8405 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 194.6786 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 174.2774 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 31.26 for the period ended December 31, 2022 as compared to Rs. 27.98 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹836.8779 crs	₹781.8405 crs	7.04%
Net Profit	₹194.6786 crs	₹174.2774 crs	11.71%
EPS	₹31.26	₹27.98	11.72%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.836.8779 crores during the period ended December 31, 2022 as compared to Rs.641.9244 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.194.6786 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.150.9509 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.31.26 for the period ended December 31, 2022 as compared to Rs.24.24 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹836.8779 crs	₹641.9244 crs	30.37%
Net Profit	₹194.6786 crs	₹150.9509 crs	28.97%
EPS	₹31.26	₹24.24	28.96%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2354.9259 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1815.5043 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.553.6771 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.389.66 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.88.91 for the 9 Months period ended December 31, 2022 as compared to Rs.62.57 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2354.9259 crs	₹1815.5043 crs	29.71%
Net Profit	₹553.6771 crs	₹389.66 crs	42.09%
EPS	₹88.91	₹62.57	42.10%

Shares of Tata Elxsi Limited was last trading in BSE at Rs. 6596.80 as compared to the previous close of Rs. 6686.70. The total number of shares traded during the day was 14303 in over 3328 trades.

The stock hit an intraday high of Rs. 6753.05 and intraday low of 6575.90. The net turnover during the day was Rs. 95058306.00.

Source : Equity Bulls

Keywords

TataElxsi Q3FY23 9MFY23 ResultUpdate