Company Overview:
Elecon Engineering Company Ltd, incorporated in 1960, manufactures and sells power transmission and material handling equipment in India and globally. The company also operates in the steel and non-ferrous foundry business. Presenting below its Q1 FY26 Earnings Results.
Financial Highlights for Q1 FY26 Earnings:
- Revenue: ₹491 crore, up 25.26% year-on-year from ₹392 crore
- Total Expenses: ₹391 crore, up 24.13% year-on-year from ₹315 crore
- Consolidated Net Profit: ₹175 crore, up 139.73% year-on-year from ₹73 crore
- Earnings Per Share (EPS): ₹7.82, up 139.14% year-on-year from ₹3.27
Performance Insights:
- Revenue rose strongly by over 25%, indicating enhanced demand for power transmission and material handling solutions.
- Expenses increased in line with revenue, reflecting higher business activity and efficient expense control.
- Net profit surged by nearly 140%, benefiting from margin expansion, operational leverage, and favorable business mix.
- The company’s diversification into foundry products and international operations contributed meaningfully to profit growth.
Outlook:
Elecon Engineering targets continued growth by expanding product offerings, strengthening international presence, and driving greater efficiency in FY26 and beyond.
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