Tata Elxsi reported operating revenue of ₹1,055.7 crore for the quarter ended September 30, 2026, up 15% from a year earlier and 3.4% from the preceding quarter. Its October 13 results announcement also put EBITDA at ₹231.4 crore and the EBITDA margin at 21.9%. For readers assessing the business, revenue growth and operating profitability are separate measures: neither should be presented as the growth rate of net profit.
The figures and their comparison periods
| Measure | Official figure or status |
|---|---|
| Reporting period | Q2 FY27; quarter ended September 30, 2026 |
| Operating revenue | ₹1,055.7 crore |
| Revenue growth | 15% year on year; 3.4% quarter on quarter |
| Constant-currency revenue growth | 2.3% quarter on quarter |
| EBITDA | ₹231.4 crore; up 7.1% quarter on quarter |
| EBITDA margin | 21.9% |
What the operating measures mean
EBITDA is earnings before interest, tax, depreciation and amortisation. Its margin expresses that measure as a share of revenue; it is not the company’s net-profit margin. The release describes margin expansion of 70 basis points from the previous quarter. That means 0.70 percentage point, not a 70% increase. Revenue growth in constant currency removes the effect of currency movements for that comparison; the 2.3% figure therefore has a different basis from the 3.4% growth in rupee terms.
Where the company reported growth
The company said its Transportation, Media and Communications, and Healthcare and Life Sciences businesses grew 2.0%, 3.4% and 3.5%, respectively, quarter on quarter in constant currency. Those are segment growth rates, not three amounts to add to overall revenue growth. The announcement also describes new customer mandates, but does not identify every customer or quantify each contract’s value.
What remains to be checked
This concise report verifies the operating figures in the issuer’s press release, not every line of the financial statements. It does not infer net-profit growth from EBITDA, claim a share-price response, or establish an analyst-estimate beat. Readers comparing results should use the same period, currency basis and profit definition. The next useful checks are the full financial statements and subsequent evidence of how newly announced work converts into revenue.
Read our separate HCLTech earnings and dividend report.
Official sources and checks
Sources checked: 14/10/2026, 10:49:45 IST. Official announcement · Supporting issuer context
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