10 Oct 2025 | 5 Mins Read
Tata Elxsi share price drops as Q2 profit falls 33%
Flipitmoney
Tata Elxsi shares fell 2% in morning trade after reporting a 32.5% year-on-year decline in Q2 net profit to Rs 154.82 crore. Revenue slipped 4% to Rs 918.10 crore, while QOQ growth was 2.9%. Despite this, CEO Manoj Raghavan sees potential in the company's AI-first offerings and services, but brokerages are cautious with modest growth forecasts and stretched valuations.