Growth powered by Transportation (13.3% YoY)andMedia&Communication(22.2%YoY)
/PRNewswire/ — TataElxsi(BSE: 500408) (NSE:TATAELXSI),amongst theworld’sleading providersof 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.
HighlightsoftheQuarterEnded30thJune2026:
- Revenues from operations atRs.1,021.1 Cr.;growing2.8%QoQand14.5%YoY
- EBITDA at 216.0Cr,growing15.7%YoY;EBITDA Marginat21.2%
- Profit Before Tax (PBT)atRs. 232.5Cr,growing18.4%YoY;PBTMarginat21.9%
- Profit After Tax (PAT) atRs. 170.6Cr,growing18.2%YoY;PATMargin at16.1%
Mr.Manoj Raghavan,CEOandManagingDirector, TataElxsi,commentingonthecompany’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.1,000croresinthecurrent 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.
OurTransportationbusinessreportedagrowthof13.3%YoY, drivenbyacceleratedOEMengagementsand strategicwins intheoff-road andaerospacesegments. We are scaling ourofferings andcapabilities 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-upofkeyengagementsandexpandedprograms withglobaloperators,broadcastersanddevice 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 phasedmodernizationoflegacysystems withaGenAIpowered SDLCprocess,enabling tangibleoutcomesin legacy modernisation, future service efficiency and platform reliability.
I am delighted with the major milestone for our Neuron platform portfolio, enabling Sky in Europe to transition toward autonomous network operations by combining AI-driven automation with inventory-lednetworkintelligence,deliveringmeasurableefficiencyandagilityranging from30-70%across key parameters.
Our Healthcare and Life Sciences business reported a growth of 1.7% QoQ, amidst a muted business environment for the healthcare industry. We are investing in pivoting to an AI-first, design-led, and regulatory-aware engineering approach in this business, partnering with leading AI companies across the world.Inthisquarter, weannouncedthelaunchofaGenAIpowered materialintelligenceplatform ViTEL, and an AI-native Software Development platform for medtech and healthcare, AnaTEL.
IamdelightedwithourfirststrategicdealforViTELwithaglobalmedtech company to deliver structured material traceability and compliance across product, supplier, and materialdatasets.
Acrossverticals,wearegaining tractionwithourplatform-enabledofferingstohelpcustomersaccelerate their strategic roadmaps of integrating AI into their workflows, products and customer experience.
FY27marks ayearoffuturefocus forthecompany, asweprepare andequipourselves foraworldreshaped by AI. We are making targeted investments in specialized talent, AI powered platforms, tools and infrastructure, to pivot to a Domain + AI future. These investments are enhancing customer value creation with tangible outcomes, and opening new avenues for growth and positioning us for the year and decade ahead.
We are well positioned to address the strategic priorities of our customers in our chosen verticals—connected,intelligentandsoftware-definedproducts,digitaltransformation,AI-poweredefficienciesand customer experience, and engineering modernization.
We are firmly focussed on sustainable growth, deepening our engagements with key customers and positioningourselvesto shape andwinstrategiclong-termdealsandaddmarqueecustomers,evenaswe protect and improve upon our industry-leading margins.”
AboutTataElxsi
TataElxsiisamongst theworld’sleading providersofdesignandtechnologyservicesacrossindustries including Automotive, Broadcast, Communications, Healthcare and Transportation.
Tata Elxsi is helping customers reimagine their products and services through design thinking and thoughtful application of AI and digital technologies. For more information, please visit www.tataelxsi.com
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