Elgi Equipments reported strong Q2 2025-26 results, with consolidated sales up 11% to ₹968 Crores. Standalone sales increased by 7% to ₹568 Crores. Consolidated PAT grew by 27% to ₹121 Crores. Growth was driven by India, the Middle East, and South America, with positive shifts in the USA and Australia. The company anticipates similar growth levels in the next quarter.
Financial Performance
Elgi Equipments Ltd announced its results for the second quarter of fiscal year 2025-26, showcasing significant growth in both consolidated and standalone operations.
Key highlights from the announcement include:
- Consolidated sales for the quarter reached ₹968 Crores, up 11% from ₹869 Crores in the corresponding quarter of the previous year (2024-2025).
- Standalone sales for the quarter amounted to ₹568 Crores, reflecting a 7% increase compared to ₹531 Crores in Q2 2024-25.
- On a consolidated basis, the company posted a Profit After Tax (PAT) of ₹121 Crores, a substantial 27% increase from ₹95 Crores reported in the same period last year.
- The standalone PAT for Q2 2025-26 stood at ₹91 Crores, compared to ₹98 Crores in Q2 2024-25.
Regional Performance
The company experienced growth momentum across various regions, including India, the Middle East, and South America. Notably, the USA and Australia demonstrated a positive shift, achieving double-digit growth rates. However, performance in Europe remained subdued due to prevailing economic challenges.
Automotive Business
Elgi Equipments’ automotive business achieved its anticipated growth compared to the same period in the previous year, 2024-25.
Outlook for Q3 2025-26
Looking ahead to the third quarter (October-December 2025), Elgi Equipments anticipates maintaining similar levels of business growth as observed in the second quarter. This outlook is subject to the resolution and stabilization of import tariffs between the USA and India.
Source: BSE
