Elecon Engineering Company Limited — Important, 18-10-2024: Dividend Updates

Elecon Engineering Company's Board approved the unaudited financial results for the half-year and quarter ended September 30, 2024, reporting a consolidated revenue increase to ₹508 crores and a net profit of ₹88 crores. An interim dividend of ₹0.50 per equity share was declared, with a record date set for October 28, 2024. Improvements were noted in the Material Handling Equipment segment, while the Gear division experienced a temporary revenue decline due to delays in order receipt.