The Hindu Business Line : Tata Elxsi net up 132 pc

TATA Elxsi, the technical computing arm of the Tata Group, announced a 132 per cent jump in net profits to Rs 4.39 crore for the quarter ending June 30, 2004, compared to Rs 1.89 crore in the corresponding period last year.

Revenues for the quarter grew by 13 per cent to Rs 38.25 crore (Rs 33.78 crore). Revenues from software development and services grew by 53 per cent to Rs 27.87 crore during the quarter under review as against Rs 18.15 crore previously.

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