-- Tata Elxsi's (NSE:TATAELXSI, BOM:500408) net profit rose to 1.55 billion Indian rupees in the fiscal fourth quarter ended March 31 from 1.72 billion rupees a year ago.
Earnings per share came in at 35.37 rupees from 27.68 rupees a year earlier, according to a Tuesday filing to the stock exchanges by the design and technology services provider. The EPS was higher than the 30.65 rupees estimated by the analysts polled by Visible Alpha
Revenue from operations in fiscal Q4 also increased to 10.4 billion rupees from 9.51 billion rupees a year ago. This was also higher than Visible Alpha's estimate of 9.53 billion rupees.
The company's board also recommended a dividend of 75 rupees per equity share of 10 rupees each for the financial year ended March 31.