Tata Elxsi has solid stellar results with its net profits surging up by 41% to Rs.68.80 crore for the Jun-20 quarter. Revenues from operations were also up by 10.7% to Rs.401 crore for the quarter. Despite there being a good deal of sluggishness across most verticals, the healthcare, media and communication verticals did extremely well.

In terms of business mix, Tata Elxsi reported that more than 96% of the revenues for the quarter came from software development and services with just about 4% coming from system integration and support services. EPD continued to be its growth engine and Tata Elxsi is one of the key suppliers of advanced design services to Tata Motors.