ELGI Equipments Limited has announced the approval of its Unaudited Financial Results for the quarter and nine months ended December 31, 2025. The Board meeting, held on February 11, 2026, adopted both standalone and consolidated results. The financial statements, which reflect performance amidst new labor codes impacting results via an exceptional item of ₹128 million (standalone) and ₹150 million (consolidated), were subjected to a limited review by the statutory auditors.
Outcome of Board Meeting on Financial Results
ELGI Equipments Limited informed stock exchanges that its Board of Directors met today, February 11, 2026, and approved the Unaudited Financial Results (UFRs) for the quarter and nine months ended December 31, 2025. The results were subject to a Limited Review Report issued by the Statutory Auditors, M/s. Price Waterhouse Chartered Accountants LLP.
Standalone Financial Performance Highlights (Q3 Ended Dec 31, 2025)
The standalone results showed total income reaching ₹6,226 million for the quarter, up from ₹5,111 million in the corresponding quarter of the previous year (Q3 FY2025). Profit Before Tax (PBT) for the quarter stood at ₹1,206 million, compared to ₹1,068 million previously. For the nine months ended December 31, 2025, Total Income was ₹17,400 million, with PBT at ₹3,527 million.
A notable item was the presentation of ₹128 million as an Exceptional Item in the standalone results, related to the implementation of new Labour Codes by the Government of India.
Consolidated Financial Performance Highlights (Q3 Ended Dec 31, 2025)
On a consolidated basis, Total Income for the quarter was ₹10,279 million, compared to ₹8,609 million in the prior year quarter. The consolidated Profit Before Tax for the quarter was ₹1,289 million. For the nine months ended December 31, 2025, Consolidated Total Income reached ₹29,337 million, resulting in a PBT of ₹4,136 million.
The consolidated results also accounted for an exceptional charge of ₹150 million related to the recently notified Labour Codes. The consolidated Net Profit attributable to owners for the quarter was ₹952 million, yielding a Basic EPS of ₹3.01.
Segment Analysis Summary
The Segment Revenue disclosures confirm that the Group’s primary operations are categorized into Air Compressors and Automotive Equipment. For the nine months ended December 31, 2025:
- Air Compressors Segment Revenue from Operations: ₹26,042 million.
- Automotive Equipment Segment Revenue from Operations: ₹2,349 million.
- Total Segment Results (Profit before Exceptional Items): ₹4,136 million, with the Air Compressors segment contributing the majority share.
Auditors’ Conclusion
The Statutory Auditors provided an unmodified conclusion on both the standalone and consolidated financial statements. They confirmed that the results were prepared in accordance with Ind AS 34, subject to the materiality threshold noted in their review reports regarding the interim results of certain non-reviewed joint operations and subsidiaries.
Source: BSE
