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Bangalore, July 27 Tata Elxsi has reported a 18 per cent rise in its net profit and a 46 per cent rise in revenues for the quarter-ended June 2007 over the corresponding last quarter.

Tata Elxsi reported a net profit of Rs 12.10 crore on revenue of Rs 92.71 crore for June quarter this year compared with a net of Rs 10.22 crore on revenue of Rs 63.55 crore in the corresponding last quarter. The company’s shares closed 5.62 per cent lower on the BSE at Rs 291.20 on Friday.

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