Shares of Tata Elxsi, a Tata Group’s design and technology services firm, surged over 8 per cent even as the market remained flat on Wednesday, October 14, 2026. The stock opened in the green after the company reported a 10 per cent increase in net profit during the September quarter of FY27. The stock opened with a gap up and began the trading session at Rs 3,494.95, up from the previous close of Rs 3,426.40 on the BSE. It jumped further to touch the intraday high of Rs 3,706, representing a gain of Rs 279.6 or 8.16 per cent. Last seen, the stock traded at Rs 3674.80, up Rs 248.40 or 7.25 per cent. The market cap of the company stood at Rs 22,907.01 crore.
Tata Elxsi net profit
Tata Elxsi has reported a 10 per cent increase in net profit to Rs 170.30 crore during the September quarter of FY27, aided by growth in key verticals. It posted a profit of Rs 154.82 crore in the same quarter of the preceding fiscal year, according to a regulatory filing.
Revenue from operations jumped 14.98 per cent to Rs 1,055.66 crore in Q2 FY27, up from Rs 918.10 crore in Q2 FY26.
Quarter-on-quarter, the company’s revenue grew 3.4 per cent. However, its net profit declined by 0.18 per cent.
“We have delivered strong operational excellence and resilient growth across customers and industry verticals in a volatile macro environment,” Tata Elxsi CEO and MD Manoj Raghavan said.
