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22-Jan-2025

Elecon Engineering Company

Sales up 12%, up 19%


'Consolidated net sales (including other operating income) of Elecon Engineering Company for the quarter ended Dec 2024 has increased 11.68% to Rs 528.89 crore.  Operating profit margin has jumped from 25.42% to 26.96%, leading to 18.43% rise in operating profit to Rs 142.58 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 44.53% to 45.96%.   Employee cost decreased from 9.14% to 8.54%.   Other expenses fell from 20.99% to 20.07%.   Other direct service cost fell from 8.62% to 7.50%.   

Other income rose 56.71% to Rs 15.64 crore.  PBIDT rose 21.36% to Rs 158.22 crore.  Provision for interest rose 132.21% to Rs 3.46 crore.  

PBDT rose 20.08% to Rs 154.76 crore.  Provision for depreciation rose 22.94% to Rs 15.54 crore.  

Profit before tax grew 19.77% to Rs 139.22 crore.  Share of profit/loss was 18.40% lower at Rs ...



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