Elecon Approves Interim Dividend & Reports Strong Q2 FY26 Results

Elecon Engineering announced strong Q2 FY26 results, with consolidated revenue reaching ₹578 crores, a 13.8% YoY increase. The Board approved an interim dividend of ₹0.50 per share. EBITDA stood at ₹126 crores with a margin of 21.7%, and PAT reached ₹88 crores, with a margin of 15.2%. The company’s order book remains strong, reflecting confidence in meeting full-year guidance. A strategic focus on global expansion and innovation is underway.

Financial Performance

Elecon Engineering Company Limited reported a consolidated revenue of ₹578 crores for Q2 FY26, marking a 13.8% increase compared to the same period last year. EBITDA for the quarter was ₹126 crores, resulting in an EBITDA margin of 21.7%. The company’s PAT for the quarter reached ₹88 crores, yielding a PAT margin of 15.2%.

Dividend Announcement

The Board of Directors has approved an interim dividend of ₹0.50 per equity share (50%) for the fiscal year. The record date for determining shareholder entitlement is October 16, 2025. This dividend reflects Elecon’s commitment to returning value to its investors.

Segmental Performance

The Gear division revenue stood at ₹441 Crs in Q2FY26. Steady demand from the power, steel, and cement industries continues to drive growth. The company’s Material Handling Equipment (MHE) division sustained its growth with revenue for the quarter reaching ₹137 Crs.

Strategic Outlook

Elecon is strategically focused on generating 50% of its consolidated revenue from international markets by FY30. The company is reinforcing relationships with global OEMs and prioritizing brand-building initiatives.

Source: BSE

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