Indian Design Company, the Tata Group part, Tata Elxsi Limited reported its Q1 numbers
for the quarter ended June, 2019 on Wednesday during market hours. According to
the results, the Company’s standalone revenue for quarter arrived at Rs.361.71-Cr,
vis-a-vis Rs.382.03-Cr in the equivalent quarter year ago, clocking 5.3pc decline,
EBITDA for the quarter was declined by 34.4pc to Rs.69.85-Cr V/s Rs.106.52-Cr
in the same quarter last year, while EBITDA margin for the quarter scaled at
19.3pc. The profit after tax for the quarter stood at Rs48.79-Cr as against Rs70.49-Cr
in the equivalent quarter last year, registering 30.8pc decline, year-on-year.
response to this earning announcement, the stock of Tata Elxsi which opened at Rs.811.10 per share touched an
intraday high and low at Rs.811.40 and Rs.740 per share respectively and is
currently (at 1.45pm) quoting at 740.90
per share , down by 9.06% from its previous closing. The Stock intraday hit its
new- 1-year or 52-week low at Rs.740.05 on the NSE.