Elecon Engineering Q1 FY27 Revenue ₹521 Cr, PAT ₹70 Cr

Elecon Engineering Company Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a consolidated revenue of ₹521 crores, a 6.1% increase compared to the adjusted Q1 FY26 revenue of ₹491 crores. EBITDA stood at ₹109 crores with an EBITDA margin of 21.0%. Profit After Tax (PAT) was ₹70 crores, resulting in a PAT margin of 13.5%. The Gear Division showed strong performance with revenue up 16.3% YoY to ₹416 crores and EBIT up 14.7% YoY to ₹75 crores. The Material Handling Equipment (MHE) division experienced a marginal revenue degrowth of 2.9% YoY to ₹105 crores, with EBIT decreasing by 25.3% due to an unfavorable product mix and increased input costs. The consolidated order intake for the quarter was ₹755 crores, and the open order book stood at ₹1,518 crores as of June 30, 2026.