Tata Elxsi has declared a dividend of Rs 75 per share for financial year 2025-26, while also posting a 100% jump in its net profit for the quarter ended March 31, 2026.
The Mumbai-based firm, however, did not declare the record date and payout timeline for the dividend.
Analysts tracked by Bloomberg had projected a wide range for Tata Elxsi's dividend, with estimates ranging between Rs 48.49 Rs 95.03 per share. The dividend declared by the company is in the upper range of the estimates.
Unlike its peers, Tata Elxsi had not announced any interim dividends so far in FY26. The absence of interim payouts also add more weightage to the final dividend declaration, as investors compare Tata Elxsi's capital return approach with larger IT peers.
ALSO READ: Persistent Systems Q4 Results: Profit Jumps 20%, Dividend Of Rs 18/Share Declared
In its Q4 scorecard, the company reported the doubling of consolidated bottomline on a sequential basis, rising from Rs 109 crore to Rs 220 crore. The revenue rose 4.2% to Rs 994 crore from Rs 953 crore in the preceding quarter.
The earnings before interest and taxes, or EBIT, increased by 11% to Rs 221 crore compared to Rs 199 crore in the last quarter. The EBIT margin expanded to 22.3% from 20.9%.
Tata Elxsi Q4 Results (Consolidated,QoQ)
- Profit up 2x at Rs 220 crore vs Rs 109 crore
- Revenue rises 4.2% at Rs 994 crore vs Rs 953 crore
- EBIT up 11% at Rs 221 crore vs Rs 199 crore
- EBIT margin at 22.3% vs 20.9%
Before the quarterly results were declared, shares of Tata Elxsi settled 2.97% higher at Rs 4,650.7 apiece on the NSE, compared to a 0.87% climb in the benchmark Nifty 50.
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