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Elgi Equipments LimitedResults, 10-02-2025: Integrated Filing- Financial

10-02-2025 | 07:15 pm

Elgi Equipments Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The company reported consolidated sales of ₹848 crores, marking a 3% increase year-over-year, with standalone sales rising 7% to ₹498 crores. Profit After Tax (PAT) for the quarter stood at ₹80.6 crores, a slight decline from ₹83.9 crores a year ago. Growth was driven by the Indian and Middle Eastern markets, while some regions like the US and South-East Asia showed subdued performance. Investors may view this as a signal of resilience in established markets, although the slight dip in PAT raises some caution. Overall, there’s a positive outlook for Q4, typically buoyed by year-end demand.

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