Tata Elxsi Wednesday said its net profit declined 30.7 per cent to Rs 48.79 crore in the April-June quarter compared to the year-ago period.
The company had posted a net profit of Rs 70.49 crore in April-June 2018.
Revenue from operations dropped by 5.3 per cent to Rs 361.71 crore in the said quarter from Rs 382.03 crore in the year-ago period, the Tata Group company added.
Software development and services accounted for Rs 351.91 crore of the revenues, while the remaining came in from system integration and support services.
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