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Elecon Engineering Board Approves Q3 FY26 Results; CFO Resigns
Elecon Engineering Company Limited
January 8, 2026, 12:35 PM
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Elecon Engineering Company Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a Board of Directors meeting held on January 8, 2026.
The company reported consolidated revenue of ₹552 crores for Q3 FY26, a 4.3% year-on-year increase. EBITDA stood at ₹109 crores with a 19.8% margin, and Profit After Tax (PAT) was ₹72 crores, resulting in a 13.0% PAT margin. The order intake for the quarter was ₹701 crores, and the order book at the end of December 2025 was ₹1,372 crores.
The Gear division's revenue was ₹429 crores, a slight increase of 1.3% YoY, with an EBIT margin of 18.2%. The Material Handling Equipment (MHE) division showed stronger growth, with revenue at ₹123 crores, up 16.3% YoY, and an EBIT margin of 20.2%.
In a separate announcement, the company noted the resignation of Mr. Narasimhan Raghunathan as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective January 31, 2026, due to personal or family commitments. The company expressed appreciation for his contributions.
The meeting commenced at 4:30 p.m. and concluded at 5:20 p.m.
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