Elecon Engineering Company Limited — Others, 24-04-2025: Change in Management

Elecon Engineering Company Limited has announced a board meeting where key decisions were made, including the approval of the audited financial results for the quarter and financial year ended 31st March 2025. Revenue for FY25 increased to ₹2,227 crore (cr), up 14.9% year-on-year (YoY), with a profit after tax (PAT) of ₹415 cr, representing an 18.6% margin. The board proposed a final dividend of ₹1.50 per equity share. Additionally, new appointments were made, including Mrs. Natasha Treasurywala as a Non-Executive Independent Director, enhancing the board's diversity and expertise. This positive update could boost investor sentiment, reflecting strong operational performance and shareholder returns.