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Tata Elxsi posts higher net

Our Bureau

Bangalore , Jan. 22

Tata Elxsi has reported a 35.8 per cent growth in net profit to Rs 7.58 crore in the third quarter ended December 31, 2004 from Rs 5.58 crore in the corresponding previous period, on revenues of Rs 51.71 crore from Rs 38.85 crore.

System integration and support services accounted for Rs 12.09 crore of revenues while the contribution from software development and services rose to Rs 39.62 crore of total revenues compared to Rs 26.49 crore in the corresponding period. Staff costs have risen from Rs 15.41 crore to Rs 21.25 crore.

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