Staff Writer
Coimbatore: Elgi Equipments Limited on Wednesday reported a 25 per cent rise in consolidated profit after tax (PAT) for the fourth quarter of FY26 at Rs 128 crore, aided by strong growth in India and American markets.
The company had posted a consolidated PAT of Rs 102 crore in the corresponding quarter of the previous financial year. Consolidated sales during the January-March quarter stood at Rs 1,113 crore compared to Rs 993 crore in the year-ago period, registering a growth of 12 per cent, the company said in a statement.
For the full financial year 2025-26, consolidated sales rose 13 per cent to Rs 3,951 crore as against Rs 3,510 crore in FY25.
Annual consolidated PAT increased to Rs 430 crore compared with Rs 350 crore in the previous financial year. On a standalone basis, sales for FY26 stood at Rs 2,343 crore against Rs 2,081 crore in FY25, while standalone PAT was marginally lower at Rs 345 crore compared to Rs 350 crore in the previous year.
The company said it recorded strong double-digit growth across India and American markets, while performance in Europe and Australia remained subdued due to prevailing economic headwinds.
Its automotive business also posted double-digit growth during the year compared to FY25. The board has recommended a dividend of Rs 2.70 per equity share, subject to shareholders’ approval.
Commenting on the outlook for the first quarter of FY27, the company said it remains positive despite geopolitical tensions and is on track to achieve its budgeted performance.
It added that proactive mitigation measures have been implemented to address rising cost pressures, which are expected to ease as the West Asia situation stabilises.
