Industry-leading PAT Margins continues for Tata ELXSI
1 min read
2 years ago
ROW (Rest of the world) consists of Japan, Korea, China which saw muted growth in this quarter because the region is transportation domain heavy and due to travel restrictions.
Salary hikes in Q2 were around 14 to 15 crores. Wage hikes have been done and no new wage hikes in the coming quarters.
Hiring target of 1,200- 1,500 per quarter over the next two quarters.
Medium term target of offshore- onshore mix is 65%- 70%.
Utilization: 80%, excluding freshers.
IPR led revenues are below 50% on a standalone basis.
Products and Platforms segment has maximum revenue from the media business.
Automotive segment was at peak during the 2017-18 year. Long way to go to reach the levels of that time.
Continue to invest in new verticals like EduTech, Manufacturing, Industrial food, etc.
Company sees good potential for growth in the next 2 to 3 years in the transportation, healthcare verticals.
5 years forward, company sees rail and off-road to contribute 20% of the transportation vertical.
Expecting Industrial design segment to have consistent revenues in the coming 3 to 4 quarters.
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