Tata Elxsi reported revenue of ₹918.1 crore in Q2FY26, up 2.9% from the previous quarter. Profit before tax rose 9.4% to ₹214.7 crore, showing better operating performance.
Growth was led by the United States, which increased 7.9% quarter-on-quarter. By verticals, Media & Communications grew 6.8%, while Transportation remained steady with a small uptick. Healthcare saw a slight decline.
Profitability metrics improved during the quarter. PBT margin came in at 22.2%, and PAT reached ₹154.8 crore, up 7.2% QoQ. The share of fixed-price projects increased, adding stability and visibility to deliveries.
The company announced several new wins and ramp-ups. These include an airport guidance systems program, a US media streaming engagement, and a multi-year simulation program with a Japan OEM. It also launched a global technology centre for medical devices and set up a Cloud HIL centre to support automotive programs.
On the people side, headcount closed at 11,951 and attrition stayed moderate. Delivery remains balanced across onsite and offshore to support global clients.
Partnerships continued to strengthen the tech stack. Tata Elxsi advanced its software-defined vehicle roadmap with ecosystem partners, introduced GenAI-driven SDLC automation, and unveiled a Subscription Hub to help media and telecom companies monetize services. The company showcased solutions at leading industry events during the quarter.
About Tata Elxsi: Founded in 1989, Tata Elxsi provides design and technology services across Transportation, Media & Communications, and Healthcare & Medical Devices. It helps customers with research, product engineering, software development, verification, and deployment, with strong capabilities in IoT, cloud, mobility, VR, and AI.
Bottom line: A solid quarter with higher revenue, stronger PBT, and healthy momentum in the US and Media & Communications, backed by new deals and platform partnerships.
