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, +6.1%) 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 reclassification of investment and arbitration settlements. The Board approved reconstitution of committees and noted the upcoming cessation of Dr. Sonal Ambani as Independent Woman Director. The company remains confident on growth, targeting ₹2,650 Cr revenue for FY26, backed by robust domestic demand and expanding international presence.