Profit before tax stood at Rs 239.1 crore in Q2 FY27, up 2.9% vs Q1 FY27 and 11.4% vs Q2 FY26.

EBITDA increased 19.7% YoY and 7.1% QoQ to Rs 231.4 crore. EBITDA margin improved to 21.9% from 21.1% in Q2 FY26 and 21.2% in Q1 FY27, expanding 80 basis points YoY and 70 basis points QoQ.

The company’s EBIT rose 22.3% YoY and 7.2% QoQ to Rs 207.8 crore. EBIT margin improved to 19.7% from 18.5% in Q2 FY26 and 19.0% in Q1 FY27.

Other income declined 28.6% YoY and 15.8% QoQ to Rs 34.9 crore, while total income increased 12.8% YoY and 2.6% QoQ to Rs 1,090.6 crore.

Tata Elxsi reported broad-based growth across its three key verticals. In constant currency terms, transportation revenue grew 2.0% QoQ, media and communications revenue increased 3.4%, and healthcare and life sciences revenue rose 3.5%.

The company secured a multi-year deal with a leading automotive original equipment manufacturer for a cloud-based telematics and connected-vehicle ecosystem. It also entered a strategic collaboration with Sarla Aviation to support the development of Shunya, an electric vertical take-off and landing aircraft. In healthcare, it won a product engineering mandate from a global renal-care company to redesign a next-generation home dialysis system.

CEO and managing director Manoj Raghavan said operational efficiencies helped expand EBITDA margin by 70 basis points sequentially, despite salary revisions implemented across the employee base. He added that the company would continue investing in AI-first offerings and focus on operational excellence to sustain growth in the second half of FY27.

Net cash generated from operating activities increased 40.66% year-on-year to Rs 373.85 crore in the quarter ended 30 September 2026, compared with Rs 265.79 crore in the corresponding quarter of the previous year.

Tata Elxsi provides design and technology services across automotive, media, communications, healthcare and transportation, using technologies such as cloud computing, IoT, mobility and artificial intelligence.