Eimco Elecon climbs after Q3 PAT soars to Rs 12 cr

Profit before tax (PBT) soared 92.93% to Rs 16.11 crore during the quarter.

Total expenses jumped 31.4% to Rs 52.90 crore in Q3 FY26, compared with Rs 40.26 crore in Q3 FY25. Cost of material consumed stood at Rs 30.18 crore (down 3.95% YoY) while compensation to distributors stood at Rs 7.19 crore (up 37.74% YoY) during the period under review.

Meanwhile, the company's board approved the proposal for purchase of a parcel of land admeasuring approx. 35,056 square meters situated in Kanjari, District Kheda, Gujarat, on a freehold basis to support the company's future business outlook.

Eimco Elecon (India) is principally engaged in the business of manufacturing of equipment for mining and construction sector.

Powered by Capital Market - Live News