Elecon Engineering Company Annual General Meeting
Elecon Engineering Company's shareholders approved the reappointment of Mr. Pranav C. Amin as a Non-Executive & Independent Director via postal ballot.
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Elecon Engineering Company's shareholders approved the reappointment of Mr. Pranav C. Amin as a Non-Executive & Independent Director via postal ballot.
ICRA reaffirmed Elecon Engineering's credit ratings at [ICRA]AA (Positive) and [ICRA]A1+. The ratings apply to bank facilities worth Rs. 400 Crore.
Elecon delivered Q1 FY27 consolidated revenue of ₹521 Cr (+11.9% YoY) with EBITDA margins at 21.0%. The company is leveraging strong demand in Gear divisions and global expansion to drive growth.
Elecon Engineering Company Ltd reported revenue from operations of ₹520.6 Cr (+6.1% YoY) and net profit of ₹70.3 Cr (-59.9% YoY) for Q1 FY27.