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Tata Elxsi Flags Europe Weakness, Q3 Furlough Risk Despite H2 Growth Outlook

Tata Elxsi Flags Europe Weakness, Q3 Furlough Risk Despite H2 Growth Outlook

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Tata Elxsi expects H2 revenue growth, but Europe's slow deal closures and possible customer furloughs pose risks to its automotive business. Margins improved in Q2, aided by currency benefits and operational efficiencies.

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