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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5325)7/28/1999 9:45:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
Tata Elxsi net up 54.2 per cent

tataelxsi.com
tata.com

Our Bangalore Bureau (Economic Times)
27 JULY

TATA Elxsi Ltd has reported a 54.20 per cent increase in net profit at Rs 39.66 lakh in the first quarter (Q1) of 1999-2000 as against Rs 25.72 lakh in the previous Q1. The net sales were higher by 100.77 per cent at Rs 23.55 crore in the current Q1 as against Rs 11.73 crore in the previous Q1.

The total expenditure was higher at Rs 21.68 crore in current Q1 as against Rs 10.06 crore in previous Q1. The total expenditure was higher due to lower margins realised in the domestic systems integration business and impact of overseas marketing expenditure for expanding software design and development business.
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