Elecon Engineering Company Limited — Board Meeting, 11-07-2025: Outcome of Board Meeting

Elecon Engineering has announced a board meeting outcome approving the financial results for the quarter and half-year ended June 30, 2025. Consolidated revenue rose 25% YoY to ₹491 Cr, driven by strong performances in both Gear (₹357 Cr, +6%) and Material Handling Equipment (MHE) divisions (₹133 Cr, +139%, including ₹25 Cr arbitration settlement). EBITDA hit ₹130 Cr with a 26.6% margin, while PAT surged to ₹175 Cr, boosted by exceptional gains of ₹80 Cr from investment reclassification and arbitration settlements. The Gear division’s EBIT margin dipped to 18.4% due to higher employee costs and accelerated depreciation. The company is focused on expanding international markets and expects steady growth from MHE and core sectors like steel, power, and cement. Dr. Sonal Ambani will cease as Independent Woman Director post-August 13, 2025. Board committees have been reconstituted.