Elecon Engineering Company Share Price Falls Over 3% After Q1 FY27 Earnings Results: Total Income Up 4.9% YoY

Elecon Engineering Company Limited has released its unaudited consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.  

The company reported a total income of ₹542.47 crore, marking a 4.9% increase compared to the same quarter in the previous year. However, this figure represents a 28.9% decrease from the preceding quarter ending March 2026. 

Elecon Engineering Company Q1 FY27 Earnings Results 

In the June 2026 quarter, Elecon Engineering's total income stood at ₹542.47 crore. This reflects a 4.9% year-on-year increase from ₹517.00 crore in the June 2025 quarter.  

Despite the annual growth, the income showed a decline of 28.9% from the March 2026 quarter, where it was ₹763.18 crore. 

The net profit for the June 2026 quarter was ₹70.35 crore, a 59.9% decrease from ₹175.44 crore in the same quarter of the previous year.  

However, when compared to the March 2026 quarter, the net profit showed a substantial increase of 1,072.5%, rising from ₹6.00 crore. 

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Annual Financial Performance for FY26 

For the financial year 2026, Elecon Engineering reported a total income of ₹2,447.22 crore. The net profit for the year reached ₹341.15 crore, reflecting the company's overall financial performance for the fiscal year. 

Read More: Karur Vysya Bank Share Price Gains Over 3%; Total Business Reaches ₹2,27,265 Crore! 

About Elecon Engineering 

Elecon Engineering, founded in 1951 and headquartered in Anand, Gujarat, is one of Asia’s largest manufacturers of industrial gears and material handling equipment. The company provides critical power transmission solutions and custom-built gearboxes for major sectors including steel, cement, power, mining, and defense. 

Elecon Engineering Share Price Performance 

As of July 10, 2026, at 11:59 AM, Elecon Engineering share price on NSE was trading at ₹493.80, down by 3.62% from the previous closing price. 

Conclusion 

Elecon Engineering's Q1 FY27 results show a 4.9% YoY increase in total income to ₹542.47 crore, despite a 28.9% QoQ decline. Net profit decreased 59.9% YoY to ₹70.35 crore but rose 1,072.5% QoQ. 

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