Declares 700% dividend (Rs. 70 per share) Full year PBT crosses Rs. 1,000 Cr for the first time Growth led by Transportation at 24.6% year on year BANGALORE, India, April 23, 2024 /PRNewswire/ -- Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its fourth quarter results for the period ending 31st March 2024. Highlights of the Year Ended 31st March 2024 Revenues from operations at Rs. 3,552.1 Cr, + 13.0% YoY EBITDA Margin at 29.5%, PBT margin at 28.5% Profit before Tax (PBT) grows 11.9% to Rs. 1048.7 Cr Software Development and Services (SDS) grew by 9.3% YoY, in constant currency. System Integration & Support (SIS) grew by 18.6% YoY, in constant currency. Highlights of the Quarter Ended March 31, 2024: Revenues from operations at Rs. 905.9 Cr, - 0.9% QoQ, + 8.1% YoY Operating revenue growth -0.6% QoQ and +7.2% YoY on constant currency basis EBITDA Margin at 28.8%; PBT at 27.9% Profit Before Tax (PBT) at Rs. 262.4 Cr, +4.9% YoY Industry Highlights for the Year Ended March 31, 2024: Transportation continues to grow strongly, registering a revenue growth of 24.6% YoY, supported by deal wins in Electric, Software Defined Vehicles and OEMs Healthcare delivered sustained growth of 10.8% YoY Media and Communications grew 0.2% YoY in a challenging business environment for this industry Dividend related announcement: The Board of Directors have recommended a final dividend of 700% (Rs. 70 per equity share of par value of Rs. 10 each) for the financial year ending 31st March 2024, subject to approval by the shareholders of the company at the Annual General Meeting. Mr. Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company's performance in the financial year 2023-24, said: "Financial year 2024 has been a year of consistent operational performance with a revenue growth of 13% despite global macroeconomic uncertainties, and volatility in the media and communications industry over ...