Tata Elxsi's consolidated net sales rose 18 percent to Rs 173.17 crore in the April-June quarter of 2013-14 fiscal against Rs 146.19 crore in the same quarter of previous fiscal.
Tata Elxsi , the visual effects and animation arm of the diversified Tata Group, today reported an over three-fold rise in its consolidated net profit at Rs 8.92 crore for the first quarter ended June 30, 2013.
The firm had posted a net profit of Rs 2.61 crore in the year-ago period, the company said in a BSE filing.
Its consolidated net sales rose 18 per cent to Rs 173.17 crore in the April-June quarter of 2013-14 fiscal against Rs 146.19 crore in the same quarter of previous fiscal.
Earlier in April, the company had announced its partnership with Singapore-based AISB Holding Pte to incubate and provide greater market access for technology startups in Asia.
A part of the USD 100 billion Tata Group, Tata Elxsi provides embedded product design, industrial design, animation & visual effects and systems integration among others.
Headquartered in Bangalore, it has offices in Dubai, France, Germany, Japan, Malaysia, Singapore, South Africa, UAE, the UK and the US.
Set email alert for
ADS BY GOOGLE
video of the day
Sensex can slip to 22K, FY16 GDP sliced to 6.8%: Ambit Cap