Growth powered by Transportation (13.3% YoY) and Media & Communication ( 22.2% YoY)
BANGALORE, India, July 14, 2026 /PRNewswire/ -- Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its first quarter results for the period ending 30th June 2026.
For the first quarter of financial year 2026-27, the company reported operating revenue of Rs. 1,021.1 Cr., reporting a growth of 2.8% over the previous quarter.
Highlights of the Quarter Ended 30th June 2026:
Revenues from operations at Rs. 1,021.1 Cr.; growing 2.8% QoQ and 14.5% YoY
EBITDA at 216.0 Cr, growing 15.7% YoY; EBITDA Margin at 21.2%
Profit Before Tax (PBT) at Rs. 232.5 Cr, growing 18.4% YoY; PBT Margin at 21.9%
Profit After Tax (PAT) at Rs. 170.6 Cr, growing 18.2% YoY; PAT Margin at 16.1%
Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company's performance in the first quarter of FY'27, said:
"For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals, supported by strong deal execution and continued momentum in large strategic engagements. We also crossed a key milestone of reporting operating revenue of more than Rs. 1,000 crores in the current quarter. The performance in the quarter reflects the strength and increasing relevance of our design-led and AI-enabled engineering capabilities in our chosen industries.
Our Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and strategic wins in the off-road and aerospace segments. We are scaling our offerings and capabilities to help Auto OEMs pivot to a connected, multi-powertrain and AI powered mobility, with OEM revenues now constituting 78% of our automotive revenues.
We are delighted with the partnership with JSW Motors to establish JNEXT – JSW NextGen Technology Centre as a strategic hub for next-generation software defined, AI-powered mobility solutions. This partnership is a testament to our world-class capabilities and proposition for enabling a technology-led, new-energy mobility ecosystem in India.
In Media & Communications, we delivered another strong quarter, growing 22.2% YoY through continued ramp-up of key engagements and expanded programs with global operators, broadcasters and device OEMs.
Our Domain + AI approach enabled a strategic Gen AI powered transformation and managed services deal win for a large-scale AdTech ecosystem in the US. This program delivers end-to-end application support and phased modernization of legacy systems with a Gen AI powered SDLC process, enabling tangible outcomes in legacy modernisation, future service efficiency and platform reliability.