Q3 Results LIVE: Tata Elxsi Profit Dips 30%, Misses Estimates; ICICI Lombard Profit Declines 9%
NDTV Profit brings you all the latest December quarter results on Tuesday.
Q3 Results LIVE: Tata Elxsi Revenue Growth Was Volume Led
Tata Elxsi's 4% sequential revenue growth was volume led, according to the management of the company.
Q3 Results LIVE: Tata Elxsi Growth Led By Transportation Segment
"Growth was led by our transportation business, with accelerated ramp-ups in SDV led OEM deals won earlier in the year, and normalisation of workstreams and programs with a strategic OEM client that was impacted in the previous quarter", said CEO and MD Manoj Raghavan.
Q3 Results LIVE: ICICI Lombard Combined Ratio
Combined Ratio at 104.5% vs 105.1% (QoQ)
Combined Ratio at 104.5% vs 102.7% (YoY)
Q3 Results LIVE: Tata Elxsi Profit Rides Down On Labour Code Provisioning
Tata Elxsi Q3 Results Key Highlights (Consolidated, QoQ)
Net Profit down 29.7% At Rs 109 crore versus Rs 155 crore
Revenue up 3.9% to Rs 953 crore versus Rs 918 crore
EBIT up 17.4% to Rs 199 crore versus Rs 170 crore
EBIT margin At 20.9% versus 18.5%
Q3 Results LIVE: ICICI Lombard Gross Premium Rises
The gross premium on the other hand saw an advance of 14.8% to Rs 7433 crore versus Rs 6474 crore in the year-ago period.
