Elgi Equipments Limited submitted its unaudited financial results for Q2 FY27 (quarter ended September 30, 2026) to the stock exchanges pursuant to SEBI Listing Regulations.
Financial Performance - Q2 FY27 vs Q2 FY26
Consolidated Results:
- Sales: ₹1,134 Crores (vs ₹968 Crores in Q2 FY26) - 17% growth
- PAT: ₹128 Crores (vs ₹121 Crores in Q2 FY26) - 6% growth
Standalone Results:
- Sales: ₹708 Crores (vs ₹568 Crores in Q2 FY26) - 25% growth
- PAT: ₹129 Crores (vs ₹91 Crores in Q2 FY26) - 42% growth
Operational Highlights
Growth momentum continued in Indian and American markets. Performance in Europe and Australia remained subdued amid prevailing economic headwinds. The automotive business achieved its expected growth compared to the same period in 2025-26.
Outlook for Q3 FY27
The company maintains a positive outlook for the third quarter (2026-27) notwithstanding geopolitical tensions and rising cost pressures. Management stated the company remains on track to achieve its budgeted performance.