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Elecon Engineering Company Ltd Q2FY25; 1% fall in Profits

Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business.

Financial Results:

Elecon Engineering Company Ltd reported Revenues for Q2FY25 of ₹508.00 Crores up from ₹485.00 Crore year on year, a rise of 4.74%.

Total Expenses for Q2FY25 of ₹411.00 Crores up from ₹382.00 Crores year on year, a rise of 7.59%.

Consolidated Net Profit of ₹88.00 Crores down 1.12% from ₹89.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.91, down 1.01% from ₹3.95 in the same quarter of the previous year.

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