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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Elgi Equipments PAT rises 25% to ₹128 crore in Q4FY26
BL Chennai Bureau · 2026-05-27 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
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