Mumbai, July 15 -- While EBITDA improved by 15.7% year-on-year (YoY) to Rs 216 crore, EBITDA margin was 21.2% in Q1 FY27 as against 20.9% in Q1 FY26.

Profit before tax in Q1 FY27 stood at Rs 232.5 crore, up by 18.4% from Rs 196.3 crore recorded in Q1 FY26.

On a quarter-on-quarter (QoQ) basis, Tata Elxsi's revenue has grown by 2.7%, while net profit has declined by 22.58%.

Manoj Raghavan, CEO and managing director, Tata Elxsi, said: "For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals, supported by strong deal execution and continued momentum in large strategic engagements.

Our Transportation business reported a growth of 13.3% YoY, driven by accelerated OEM engagements and strategic win...