Filter announcements
Loading...
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.
Elecon reported Q1 FY27 financial results: Revenue ₹521 Cr (+6.1% YoY adjusted), PAT ₹70 Cr (+0.8% YoY adjusted). Gear segment revenue rose 16.3% to ₹416 Cr with a strong ₹1,043 Cr order book. MHE revenue dipped, but secured a ₹21 Cr overseas order, with total order book at ₹1,518 Cr.
Elecon's Q4 saw revenue at 746 Cr (-6.5% YoY) and adj. PAT at 108 Cr (-19% YoY), primarily due to global headwinds impacting its Gear Division. However, MHE division surged 36.8%. A healthy 1,292 Cr open order book and a proposed Rs 1.50 dividend provide a positive outlook.
Elecon announced financial results for the quarter and nine months. Q3 consolidated revenue rose 4.3% to ₹552 Cr, but PAT dipped to ₹72 Cr (-15.0%). Order intake was ₹701 Cr, with an order book of ₹1,372 Cr. Gear division saw flat growth, MHE grew 16.3%. FY26 revenue/EBITDA margin guidance may...
Elecon reports strong Q2: Revenue up 13.8% to ₹578 Cr, EBITDA up 11.9% to ₹126 Cr. Order intake surged 28% to ₹688 Cr, driven by MHE division's 33% revenue growth. Declared ₹0.50 interim dividend.
Elecon Engineering has announced a board meeting on the financial results for the quarter and half-year. Q1FY26 revenue rose 25% YoY to ₹491 Cr, driven by a 139% jump in PAT to ₹175 Cr, boosted by ₹35 Cr arbitration settlement and ₹80 Cr exceptional gains. Gear division revenue grew 6.1%...