Tata Elxsi's Q1FY26 consolidated net profit plummeted 22% year-on-year to Rs 144 crore, with revenue also declining 3.7% to Rs 892 crore, impacted by macroeconomic headwinds. Despite challenges, the company secured key deals, including a multi-million-dollar agreement with a US-based technology firm. MD & CEO Manoj Raghavan acknowledged the challenging quarter but emphasized the company's resilience.