Tata Elxsi, a small-tier IT services company, reported a 3.6% decline in net profit to ₹199 crore for Q3 ending December 2024, compared to ₹206.43 crore a year ago. Sequentially, the profit dropped by 13.3%, with revenue growing 2.7% YoY but declining 1.7% from the previous quarter, amid geopolitical uncertainty and industry challenges.