Elecon Engineering Company Limited — Others, 24-04-2025: Appointment

Elecon Engineering Company Limited's Board has convened a meeting and approved the audited financial results for the financial year ending 31st March 2025. The company reported a revenue of ₹22,696 crore, reflecting a significant 17% increase from the previous year. Consolidated profit after tax for the year stood at ₹415 crore, marking a 15% rise compared to the prior fiscal year. The Board has also proposed a final dividend of ₹1.50 per equity share, subject to approval at the AGM.

The recent performance highlights strong demand in both the domestic and international markets, particularly in the industrial gear and material handling segments. This growth period is supported by strategic investments in product innovation and expansions into new markets, improving investor sentiment and outlook.