Tata Elxsi Ltd clocked a y-o-y growth of 28.2% in revenues with an EBITDA margin of 29.7% and trailing twelve months EPS of 107.6. The revenue growth rate and profitability declined both yearly as well as sequentially. The Company has attributed this decline more to lack of capacity than due to the ongoing industry scenario. In order to address the same, the Company has invested in building capacity both in terms of human resources and office space. The resultant increase in expenses have pulled the margins down during the recent quarter, but will help to ramp up business in the next few quarters. For more continue to watch the video below:
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