Incorporated in 1960, Elgi Equipments Limited, along with its subsidiaries, manufactures and supplies air compressors and automotive equipment, while also providing related after-sales services.
Financial Results:
- Revenues for Q2FY26 rose 11.39% year-on-year to ₹968 crore from ₹869 crore.
- Total expenses increased 13.53% to ₹856 crore from ₹754 crore.
- Consolidated net profit surged 27.37% to ₹121 crore from ₹95 crore.
- Earnings per share improved 28.09% to ₹3.83 from ₹2.99.
The company’s profit growth was supported by strong revenue growth and effective cost management despite a rise in expenses.
Outlook:
Elgi Equipments aims to expand product innovation, enhance service capabilities, and strengthen its domestic and international market presence to sustain growth momentum.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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