Tata Elxsi Q4 PAT up 39% at Rs 16 cr

Software services provider Tata Elxsi on Friday posted 38.78 per cent increase in profit after tax (PAT) at Rs 16.03 crore for the quarter ended March 31, as compared to Rs 11.55 crore for the same quarter last year.

The total income of the company increased to Rs 89.20 crore for the fourth quarter ended March 31, up 25.42 per cent from Rs 71.12 crore for the corresponding quarter a year ago, Tata Elxsi informed the Bombay Stock Exchange.

For the year ended March 31, the company recorded a PAT of Rs 52.11 crore as compared to Rs 34.32 crore for the year-ago period.
The total income, for the year ended March 31, increased to Rs 308.38 crore from Rs 236.31 crore a year ago.
Meanwhile, the board of directors at its meeting today declared a dividend of Rs 7 on Rs 10 each (70 per cent) on the paid-up capital of the company for the year ended March 31.