Elin Electronics Limited — Important, 08-02-2025: Updates

The Board of Elin Electronics Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024. Total income for the quarter was INR 2,684.51 million, reflecting a year-on-year increase compared to INR 2,386.63 million, while net profit for the quarter was INR 13.99 million. The consolidated revenue from operations was INR 2,600.75 million, also up from INR 2,314.19 million a year ago, reinforcing strong operational growth.

The Board has also granted 250,000 stock options to eligible employees under the Employee Stock Option Plan 2024, demonstrating a commitment to employee engagement. Additionally, Ms. Priyanka Jain has been appointed as a Non-Executive Independent Director for a five-year term, boosting the Board's expertise.

Elin will introduce new products, including doorbells and air fryers, slated for launch in FY26, presenting potential growth avenues in the consumer appliances market. These developments indicate a positive outlook as the company expands its product portfolio and strengthens corporate governance.