Elgi Equipments Ltd. reported a robust performance for the first quarter of FY27, with consolidated sales reaching ₹1,062 Crores, a 23% increase year-on-year. Standalone sales also saw significant growth, rising by 28% to ₹645 Crores. Consolidated Profit After Tax (PAT) before exceptional items grew by 29% to ₹111 Crores, reflecting resilient performance across key markets despite economic headwinds.
Elgi Equipments Reports Strong Q1 FY27 Financials
Elgi Equipments Limited, a leading manufacturer of air compressors, has announced its financial results for the first quarter ended June 30, 2026. The company posted strong year-over-year growth in both its consolidated and standalone segments. Consolidated sales for the quarter stood at ₹1,062 Crores, marking a significant increase of 23% compared to the corresponding quarter in the previous fiscal year (2025-26), which recorded sales of ₹867 Crores.
Standalone Performance and Profitability
On a standalone basis, Elgi Equipments reported sales of ₹645 Crores for the first quarter of FY27, demonstrating a healthy growth of 28% from ₹503 Crores in the same period of FY26. The company also highlighted a substantial rise in profitability. Consolidated Profit After Tax (PAT) before exceptional items surged by 29% to ₹111 Crores, up from ₹86 Crores in the prior year’s quarter. Standalone PAT for the quarter was ₹90 Crores, compared to ₹82 Crores in the same period of FY26.
Market Performance and Outlook
The company attributed its double-digit growth to resilient performance across the Indian and American markets, alongside favourable exchange rates. While performance in Europe and Australia remained subdued due to prevailing economic challenges, Elgi Equipments’ automotive business also achieved double-digit growth. Looking ahead to the second quarter of FY27, the company maintains a positive outlook, anticipating continued strong performance despite geopolitical tensions and rising cost pressures.
Source: BSE
