Elgi Equipments Reports Strong Q2 Growth

On a consolidated basis, profit after tax reached Rs 1.21 billion, compared with Rs 950 million in the corresponding period last year, reflecting growth of 27 per cent. Standalone PAT stood at Rs 910 million, slightly lower than Rs 980 million in the same quarter of 2024–2025.

Growth momentum remained strong across India, the Middle East and South America. The USA and Australia delivered double-digit improvements, showing a positive shift, while Europe continued to face challenges due to economic headwinds. The automotive business achieved its expected growth compared with the previous year.

Overall, the company delivered solid performance led by international markets.

Outlook for Q3 2025–26 Elgi Equipments expects to maintain a similar growth rate in the third quarter, subject to the resolution and stabilisation of import tariff issues between the USA and India.