Tata Elxsi posts Q4 profit surge on strong deal pipeline

Tata Elxsi Ltd, a software and consulting arm of Tata Group, reported a 26% surge in fourth-quarter profit, boosted by healthy deals across key segments. Net profit rose to 2.02 billion rupees ($24.70 million) for the three months ended March 31, from 1.60 billion rupees a year earlier, according to an exchange filing.

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