Software services provider Tata Elxsi today reported an 84% jump in net profit to Rs 10.25 crore for the third quarter ended December 31, 2011.
It had posted a net profit of Rs 5.57 crore for the October-December period of 2010, Tata Elxsi said in a filing to the Bombay Stock Exchange (BSE).
The company's total income increased to Rs 138.74 crore during the period under review from Rs 101.28 crore in the year-ago period, an increase of 36.9%.
Systems integration and support services contributed Rs 16.04 crore to revenues, while software development and services revenue stood at Rs 121.83 crore.
On a standalone basis, the company posted a net profit of Rs 11.51 crore, while its income stood at Rs 137.88 crore in the period under review.
Tata Elxsi is a technology design company that is part of the Tata Group. It provides a wide range of services, including software development and industrial software services.
