Tata Elxsi Q3 PAT drops 45% YoY on exceptional charges

Tata Elxsi's Q3 net profit fell 45.3% YoY to ₹1.09 billion due to ₹956.9 million exceptional charge from labour law changes. Brokerages cite valuation concerns with downside targets up to 22%.

Tata Elxsi Gets 'Sell' Rating After Q3 Results

Motilal Oswal assigns 'Sell' rating to Tata Elxsi following Q3 FY26 results showing $107M revenue with 3.2% QoQ growth, led by transportation segment while other divisions declined.

Tata Elxsi Shares Drop 2.5% Despite Strong Q3 Results

Tata Elxsi shares fell 2.5% to ₹5,649 despite reporting strong Q3 results with revenue growth and margin expansion. High valuations at 52x PE ratio weigh on investor sentiment despite positive fundamentals.

Tata Elxsi Q3 profit drops 45% on labour law charges

Tata Elxsi reported 45.3% YoY decline in Q3 net profit to ₹109 crores due to ₹95.7 crore exceptional charge from new labour codes. Revenue grew marginally by 1.5% to ₹953 crores despite profitability pressures.