Software development and services (SDS) during systems integration and support grew 9.3 percent year-on-year
increased by 18.6 percent.

The board has recommended a final dividend of 700 per cent (Rs 70 per equity share at par value of Rs 10 each) for the financial year ending March 31, the Tata group company said in a statement.

“We have done well to maintain industry-leading EBITDA margins at 29.5 per cent for the year, while we have continued to invest in the expansion of our talent during all four quarters, hiring 1,535 ‘Elexians’ during the year. There is a net increase,” said. Manoj Raghavan, CEO and Managing Director, Tata Elxsi.

Supported by deal wins in electric software-defined vehicles and OEMs, transportation continued to grow strongly for the company, posting revenue growth of 24.6 percent year-on-year.

“We continue to invest further in building our talent pipeline, and expanding our presence in India and abroad,” Raghavan said.

The company also appointed two new members to the board
,