Tata Elxsi Posts 3.9% QoQ Revenue Growth, Margins Expand in Q3 FY’26

• Revenue from operations grows 3.9% QoQ, with EBITDA margin increasing by 220 bps

Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world’s leading providers of design led technology services, announced its third quarter results for the period ending 31st December 2025.

For the third quarter of financial year 2025-26, the company reported operating revenue of Rs. 953.5 crores, up 3.9% QoQ.

Highlights of the Quarter Ended 31st December 2025:

• Revenues from operations at Rs. 953.5 crores, up 3.9% QoQ
• EBITDA at Rs. 222.2 crores, EBITDA Margin at 23.3%
• Profit Before Tax (PBT) at Rs. 242.0 crores, up 12.7% QoQ*
• Profit After Tax (PAT) at Rs. 179.1 crores, up 15.7% QoQ*

*Excluding one-time exceptional item due to new labour code

CEO Commentary

Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance in the third quarter of FY26, said:

• Growth led by transportation business, with accelerated ramp-ups in SDV-led OEM deals.
• New program win with a US off-highway OEM for operator information and control system.
• Regional growth led by Europe and US across key accounts and verticals.
• Healthcare business: Gen AI powered regulatory workflows secured multi-million, multi-year deal with European MedTech leader.
• Large deal win for next-gen drug delivery system for critical illness treatment.
• Chosen as strategic partner by major European Telco for 3-year autonomous network transformation using NEURON platform.
• Operational excellence improved margins: EBITDA grew to Rs. 222.2 crores, up 220 bps QoQ.
• Continued investments in Gen AI and AI for innovation and product engineering workflows.

About Tata Elxsi

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare and Transportation.

Helping customers reimagine products and services through design thinking and digital technologies such as IoT, Cloud, Mobility, Virtual Reality and Artificial Intelligence.

For more information, please visit www.tataelxsi.com