ELECON ENGINEERING CO.LTD.

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.

Elecon Engineering Company Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the standalone and consolidated financial results. The company also provided a press release with performance highlights. The meeting to approve these results commenced at 10:30 a.m. and concluded at 11:25 a.m. The statutory auditors have issued an unmodified conclusion on the standalone financial results.

Elecon Engineering reported consolidated revenue of ₹520.56 crore in Q1 FY-2027, up 6.1% year-on-year but down 30.2% sequentially from Q4 FY-2026's ₹745.61 crore. Profit after tax surged 1,072% to ₹70.35 crore from Q4's depressed ₹6.00 crore, but fell 59.8% from Q1 FY-2026's ₹175.44 crore, which included an ₹80.47 crore exceptional investment gain. Adjusted for prior-year exceptional items, underlying profit declined ~25%, signaling real margin compression. Net profit margin contracted sharply to 13.52% from 19.35% adjusted YoY, driven by unfavorable MHE product mix (revenue down 2.9% YoY to ₹105 Cr) and input cost inflation despite cost discipline. The gear division outperformed with 16.3% YoY revenue growth to ₹416 crore, stable 17.9% EBIT margins, and a 46.9% surge in order backlog to ₹1,043 crore. Sequential softness reflects normal project execution lumpiness rather than demand erosion. Consolidated order intake of ₹755 crore and total backlog of ₹1,518 crore provide 3–4 quarters of revenue visibility and support management's cautiously optimistic FY-2027 outlook, provided execution normalizes. Overseas revenue jumped 21.9% to ₹151 crore (29% of sales), reinforced by a new ₹21 crore port-industry order, signaling strategic global diversification traction.

Elecon Engineering Company Ltd has announced that its Board of Directors will convene on July 10, 2026, to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. This includes both standalone and consolidated results, along with related segment-wise financial information. In compliance with SEBI regulations, the trading window for the company's securities will be closed from July 1, 2026, until 48 hours after the financial results are made public. Designated persons and their immediate relatives are prohibited from trading during this period.

Elecon Engineering Company Ltd has announced the closure of its trading window for the quarter ended June 30, 2026. This closure, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will be effective from July 1, 2026, and will remain open 48 hours after the unaudited financial results for the quarter become public. Designated persons and their immediate relatives are prohibited from trading in the company's securities during this period. The company also scheduled a Board Meeting for July 10, 2026, to approve the unaudited financial results (standalone and consolidated) for the said quarter.

Elecon Engineering Company Ltd announced the outcome of its Board Meeting held on June 22, 2026. The Board approved the appointment of Mr. Pranav C. Amin as an Additional Director, designated as Non-Executive & Independent Director, for a second term of five years, effective from June 22, 2026, subject to member approval. Mr. Amin is not related to any existing director and meets independence criteria. The Board also approved the re-constitution of its committees, with updated compositions detailed in Annexure B. The meeting commenced at 5:10 p.m. and concluded at 5:25 p.m.

Elecon Engineering Company Ltd announced the appointment of Mr. Pranav C. Amin as an Additional Director, designated as Non-Executive & Independent Director, for a second term of five years, effective June 22, 2026. This appointment is subject to shareholder approval via Special Resolution. Mr. Amin is not related to any existing directors and meets independence criteria. The company also approved the re-constitution of its Board Committees. Mr. Amin holds degrees from Carnegie Mellon University and The American Graduate School of International Management, Thunderbird, and is currently the Managing Director of Alembic Pharmaceuticals Limited.

Elecon Engineering Company Ltd has announced the completion of the incorporation of its step-down subsidiary, Grupo Radicon SA de CV, in Mexico. This follows a prior notification on March 26, 2026, regarding the initial incorporation of the wholly-owned subsidiary of Elecon Singapore Pte. Ltd. The company has now received the formal Certificate of Incorporation from the Public Registry of Commerce, Mexico, confirming the establishment of this entity.

Elecon Engineering Company Ltd informs shareholders about tax deduction at source (TDS) on dividend payments for FY 2025-26. The company recommended a final dividend of ₹1.50 per equity share (150%) during its board meeting on April 15, 2026. TDS will be deducted at 10% for resident shareholders under Section 393(1) unless exempt, with exceptions for individuals receiving under ₹10,000 in total dividends. Non-resident shareholders may face a 20% withholding tax, subject to DTAA benefits and submission of required documents.

Elecon Engineering Company Ltd has announced that the record date for the final dividend of ₹1.50 per equity share (150%) for the financial year ended March 31, 2026, is Friday, June 12, 2026. The dividend, if approved at the 66th Annual General Meeting (AGM) scheduled for June 25, 2026, will be paid to members. The Register of Members and Share Transfer Books will be closed from June 13, 2026, to June 25, 2026, for the AGM. The cut-off date for e-voting eligibility is June 18, 2026.