💨 Abstract

Indian engineering and technology services firm Tata Elxsi reported a 14.7% rise in its Q2 profit, exceeding analysts' expectations, driven by growth in its transportation division. Net profit was 2.29 billion rupees, revenue from operations rose 8.3%, and transportation revenue grew 16%. The transportation unit contributes over half of the software development and services segment's revenue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖