Company Overview:
Incorporated in 1960, Elgi Equipments Limited and its subsidiaries manufacture and supply air compressors and automotive equipment. The company also provides related after-sales services. Presenting below its Q1 FY26 Earnings Results.
Financial Highlights for Q1 FY26:
- Revenue: ₹867 crore, up 8.24% year-on-year from ₹801 crore
- Total Expenses: ₹772 crore, up 7.97% year-on-year from ₹715 crore
- Consolidated Net Profit: ₹86 crore, up 17.81% year-on-year from ₹73 crore
- Earnings Per Share (EPS): ₹2.70, up 17.39% year-on-year from ₹2.30
Performance Insights:
- Revenue grew by over 8%, supported by increased sales volume and market demand for air compressors and automotive products.
- Expenses rose in line with revenues, reflecting efficient cost management amidst business expansion.
- Net profit increased nearly 18%, driven by operational efficiencies and improved margins.
- The company continues to focus on innovation, expanding product offerings, and strengthening after-sales service capabilities.
Outlook:
Elgi Equipments aims to sustain growth by leveraging technological advancements, broadening its product portfolio, and enhancing customer support in FY26 and beyond.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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