Tata Elxsi Limited reported quarterly revenue of ₹10 billion, meeting analyst expectations.

The company missed statutory earnings per share (EPS) estimates by 12%, reporting ₹27.38 per share.

Shares declined 2.3% to ₹3,538 over the past week following the announcement.

Analysts issued minor downgrades to 2027 EPS forecasts while keeping revenue estimates unchanged.

The consensus price target fell 12% to ₹3,643.

This adjustment reflects lower valuation estimates tied to the reduced earnings outlook.