Tata Elxsi posted an 8.7 per cent dip (y-o-y) in profit after tax for the fourth quarter at Rs 11.25 crore, while net sales grew 15 per cent to Rs 123.36 crore. For the year ended March 31, 2011, the company registered a 33 per cent dip in profit after tax at Rs 32.51 crore. The consolidated net sales for the financial year grew 6.9 per cent to Rs 415 crore. The board of directors has recommended a dividend of Rs 7 a share for 2010-11.

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