14 Jan 2026 | 3 Mins Read
Tata Elxsi shares fall 3% on 45% YoY profit decline
Flipitmoney
Tata Elxsi Ltd. shares fell 3.2% on January 14 after a 45.3% year-on-year decline in net profit due to a one-time exceptional charge of Rs 956.9 million linked to new labour codes. Net profit stood at Rs 1.09 billion for the quarter ended December 31, with revenue increasing by 1.5% to Rs 9.53 billion.