Tata Elxsi Limited announced audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, on standalone basis, the company reported net sales of INR 1,576.315 million compared to INR 1,435.777 a year ago. Profit from operations before other income, finance costs and exceptional items of INR 158.141 million compared to INR 132.511 million reported a year ago. Net profit was INR 77.127 million or INR 2.48 per basic and diluted share before and after extraordinary items compared to INR 65.690 million or INR 2.11 per basic and diluted before and after extraordinary items share a year ago. Profit from ordinary activities before tax was INR 122.367 million against INR 101.690 million a year ago. For the year, on standalone basis, the company reported net sales of INR 6,046.864 million compared to INR 5,144.584 a year ago. Profit from operations before other income, finance costs and exceptional items of INR 453.393 million compared to INR 465.473 million reported a year ago. Net profit was INR 209.894 million or INR 6.74 per basic and diluted share before and after extraordinary items compared to INR 339.456 million or INR 10.90 per basic and diluted before and after extraordinary items share a year ago. Profit from ordinary activities before tax was INR 317.619 million against INR 503.456 million a year ago. For the quarter, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 162.686 million compared to INR 172.197 million reported a year ago. Net profit was INR 81.353 million or INR 2.61 per basic and diluted share before and after extraordinary items compared to INR 82.606 million or INR 2.65 per basic and diluted before and after extraordinary items share a year ago. Net sales were INR 1,634.317 million compared to INR 1,454.992 million reported a year ago. Profit from ordinary activities before tax was INR 126.912 million against INR 141.376 million a year ago. For the year, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 483.315 million compared to INR 534.821 million reported a year ago. Net profit was INR 213.082 million or INR 6.84 per basic and diluted share before and after extraordinary items compared to INR 345.875 million or INR 11.11 per basic and diluted before and after extraordinary items share a year ago. Net sales were INR 6,216.712 million compared to INR 5,387.074 million reported a year ago. Profit from ordinary activities before tax was INR 333.678 million against INR 553.608 million a year ago.

Tata Elxsi Limited announced that the board of directors recommended a dividend of 50% or INR 5 per share of INR 10 each on the paid-up capital of the company for the year ended March 31, 2013, subject to approval at the AGM.

Tata Elxsi Limited announced the launch of Strategy & Technology Consulting services (S&TC) for the Media & Entertainment industry. The bouquet of consulting services is directed towards Multi System Operators (MSOs), Broadcasters and Original Equipment Manufacturers (OEMs) facing challenges related to growth, expansion and technology in both mature and emerging markets, including US, Europe, Latin America and India. Tata Elxsi brings over 15 years of specialized and global experience in working with MSOs, Broadcasters, OEMs, platform and software vendors, supporting their technology, product and services roadmaps. Tata Elxsi's S&TC services leverages this depth and breadth of experience across the industry ecosystem, and a dedicated team of experts across technology, operations and service delivery. Tata Elxsi, offers its experience in devising and improving customer-centric strategies to increase reach, engagement and monetization, technology-led strategies to help clients identify, evaluate and deploy cutting-edge B2C technologies and operational aspects to help improve service delivery and quality.