TATAELXSI ABV 6319 TARGET 6423, SL 6273

TATAELXSI ABV 6319 TARGET 6423, SL 6273

The stock opened with a bullish marubozu which closed above immediate resistance of 6260. Considering an upside momentum, the stock keeps a potential to approach higher resistance zone of Rs.6410 6440 with a stop below Rs.6275.

Examining the financial performance of Tata Elxsi, the company's standalone income statement reveals key figures. Sales for the year-ending March 2025 stood at Rs 3,729 Crore, compared to Rs 3,552 Crore in the previous year. Other income increased from Rs 121 Crore in March 2024 to Rs 179 Crore in March 2025. Total income for the same period was Rs 3,908 Crore, up from Rs 3,674 Crore. The company's total expenditure rose from Rs 2,605 Crore to Rs 2,860 Crore. Earnings Before Interest and Taxes (EBIT) were reported at Rs 1,047 Crore, slightly lower than the Rs 1,068 Crore recorded in the previous year. Net profit for the year-ending March 2025 was Rs 784 Crore, compared to Rs 792 Crore in the previous year.

The company's standalone quarterly income statement provides further insights. Sales for June 2025 were Rs 892 Crore, slightly lower than the Rs 926 Crore recorded in June 2024. Total income for June 2025 was Rs 930 Crore, compared to Rs 958 Crore for the same period last year. Net profit stood at Rs 144 Crore for the quarter ending June 2025, compared to Rs 184 Crore in June 2024.