Tata Elxsi Reports 3.9% QoQ Revenue Growth in Q3 FY’26, EBITDA Margin Increases by 220 bps

Tata Elxsi, a leading provider of design-led technology services, announced its Q3 FY’26 financial results. The company reported an operating revenue of Rs. 953.5 crores, up 3.9% QoQ. The growth was led by the transportation business with accelerated ramp-ups in SDV led OEM deals and normalisation of workstreams with a strategic OEM client. The company also reported EBITDA at Rs. 222.2 crores and PBT at Rs. 242.0 crores, up 12.7% QoQ. The PAT was at Rs. 179.1 crores, up 15.7% QoQ. The company won a multi-million multi-year deal with a European MedTech leader for transforming regulatory workflow processes and a large deal for a next-gen drug delivery system. Tata Elxsi has also been chosen as the strategic partner by a major European Telco for its 3-year network transformation journey.