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Business News Today: Latest Business News, Finance News

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Elgi Equipments PAT rises 25% to ₹128 crore in Q4FY26
BL Chennai Bureau · 2026-05-27 · via Business News Today: Latest Business News, Finance News
The board recommended a dividend of ₹2.70 per share, and the company’s stock ended higher on the NSE following the results

The board recommended a dividend of ₹2.70 per share, and the company’s stock ended higher on the NSE following the results

Elgi Equipments, a manufacturer of air compressors, reported a 25 per cent increase in consolidated Profit after Tax (PAT) at ₹128 crore for the fourth quarter (Q4FY26) compared to ₹102crore in the same quarter last year. Consolidated revenue from operations for Q4 was ₹1,112 crore as against ₹1,009 crore in the corresponding quarter in FY25, representing a growth of 10 per cent.

For the full fiscal year, consolidated PAT was ₹430 crore, up from ₹350 crore in FY25. The company recorded full-year revenue of ₹4,068 crore, up 14 per cent from ₹3,568 crore in 2025-26.

The Board of Elgi Equipments recommended a dividend of 2.70 per equity share.

The shares of Elgi Equipments on NSE closed at ₹580.00 on Wednesday, up 3.02 per cent or ₹17.00 from the previous day’s close.

Notwithstanding the geo-political tensions, the company maintains a positive outlook for Q1FY27 and remains on track to achieve its budgeted performance. “Proactive mitigation measures have been implemented to address rising cost pressures, which are expected to ease as the West Asia situation stabilizes,” it said in a statement.

Published on May 27, 2026