Tata Elxsi net up 132 per cent

By Our Corporate Bureau | 02 Aug 2004

TATA Elxsi has announced a 132 per cent increase in net profits to Rs4.39 crore for the quarter ending June 30 2004, compared to Rs1.89 crore in the corresponding period last year.

Revenues for the quarter grew by 13 per cent to Rs38.25 crore (Rs33.78 crore). Revenues from software development and services grew by 53 per cent to Rs27.87 crore during the quarter under review as against Rs18.15 crore previously.