The company reported all-round growth QoQ across key verticals, business divisions and geographies in the financial quarter ending Dec 31, 2019.
Tata Elxsi has recorded a growth of 9.7% QoQ for the third quarter ended December 31, 2019. The company reported all-round growth QoQ across key verticals, business divisions and geographies. The Transportation vertical grew by 10.4% QoQ while healthcare grew faster at 40.6%. Media and Communications delivered another quarter of steady growth at 5.3% QoQ. The design business also showed strong growth at 9.9% QoQ.
“This is a great quarter for the company with the highest ever top-line in its history, with double digit growth in Transportation and Healthcare verticals. This performance was led by strong execution and ramp-ups in large deals won in the previous quarters, along with the addition of leading customers and wins in the electric vehicles, medical devices and the OTT segments.” said Manoj Raghavan, CEO and Managing Director, Tata Elxsi.