Published on 22/04/2026 09:04 AM
Tata Elxsi’s constant currency revenue growth stood at 0.9% in Q4, lower than the 1.5% estimate. Margins however, at 22.3% were higher than expectations.
Net profit though, doubled as the base quarter had an exceptional loss of ₹95.7 crore due to the impact of the new wage code.
The company’s Constant Currency Revenue growth stood at 3.4%, compared to the original guidance of 3.5% to 4%.
EBIT margins missed expectations by 60 basis points.
Deal wins were also down 10% on a sequential basis.
The company’s fourth quarter results missed expectations.
It also missed its FY26 revenue growth guidance of 4-4.5%. Final figure stood at 3.9%.
The guidance was raised only in the December quarter.
Margin guidance was raised to 17.5% to 18.5% for FY27.
Brokerages have downgraded the stock and cut targets across the board. You can on that here.
HCLTech will be the biggest result reaction to track today.
That may also pressure the entire sectoral basket.
Persistent Systems, Tata Elxsi are some of the other result reactions to map from the IT basket.
All of these updates coming right up.
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Welcome to CNBC-TV18’s Live Coverage of the fourth quarter results.
There are plenty of result reactions and quarterly earnings reports to track today.
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