Results - Announcements
Elecon Engineering Company Ltd share price soared by 10.75% to Rs 486.75 after the company's net profit jumped 36.96% to Rs 96.35 crore, while revenue from operations gained significantly 22.74% to Rs 638.94 crore in Q3FY26 over Q2FY26.
The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.77 lakh crore, slipping 3.87%. It has marginally improved by 2.35% over last one week and edged lower by 1.89% in last one month while the market capitalization of Elecon Engineering Company Ltd has significantly gained 16.88% and 4.52% in the same period respectively.
Profit before tax (PBT) of Elecon Engineering Company Ltd stood at Rs 124.76 crore in Q3 FY26, advancing by 10.42% year-on-year, and expanding by 33.92% quarter-on-quarter. EBITDA came in at Rs 128 crore, rallying 19.37% YoY and surging by 46.90% sequentially.
Total expenses rose by 18.69% to Rs 523.64 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 283.39 crore, posting a minor increase of 3.89% YoY, while employee benefits expense was at Rs 65.65 crore, ticking higher by 6.30% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 6.25% to Rs 2366.05 crore, while net profit fell 17.81% to Rs 341.15 crore, compared to previous TTM. EBITDA surged by 52502% to Rs 441.97 crore, and PBT dropped 15.36% to Rs 454.47 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 314.22 crore in FY26, as against Rs 432.3 crore in FY25.
Elecon Engineering Company Ltd nosedived by 8.40% in last one year, outperforming the benchmark BSE Sensex which has reduced by 11.27% during the same period.