Eimco Elecon (India) Limited — Important, 25-06-2025: Updates

Eimco Elecon reported revenue of Rs. 246.47 Cr for FY2024-25, up 8.3% YoY, with net profit rising 21% to Rs. 48.90 Cr. The company remains a key player in underground coal mining equipment, expanding its product range with new Feeder Breakers and larger Load Haul Dumpers for metal mining. It is also developing new construction equipment, including advanced piling rigs and diaphragm wall machines. Strategic ties with Sandvik group have been terminated, reflecting a shift in promoter relationships. Positive industry outlook supported by India’s focus on underground mining and construction growth. Directors have proposed a 50% dividend.