Elecon Engineering Share Price Gains Over 8% After Q2 FY27 Earnings Results: Total Income Up 10.4% YoY

On October 14, 2026, Elecon Engineering Company Limited announced its unaudited consolidated financial results for the quarter ending September 30, 2026, as per the exchange filings.  

The company reported a 10.4% year-on-year increase in total income, reaching ₹658.73 crore, compared to ₹596.45 crore in the same quarter of the previous year. 

Elecon Engineering Q2 FY27 Earnings Results 

In the September 2026 quarter, Elecon Engineering reported a 10.4% year-on-year increase in total income, reaching ₹658.73 crore, compared to ₹596.45 crore in the same quarter of the previous year. 

The net profit rose by 9.8% year-on-year to ₹96.35 crore, up from ₹87.72 crore a year ago. The company's total income also increased by 21.4% quarter-on-quarter from ₹542.47 crore in the June 2026 quarter. 

Half-Yearly Financial Overview 

For the half-year ending September 30, 2026, Elecon Engineering's total income grew by 7.9% year-on-year to ₹1,201.20 crore, compared to ₹1,113.45 crore in the corresponding period of the previous year.  

However, net profit for the half-year decreased by 36.7% year-on-year to ₹166.70 crore from ₹263.16 crore. 

Board Meeting and Dividend Announcement 

The Board of Directors met on October 14, 2026, to approve the financial results. A special interim dividend of ₹0.50 per equity share was declared, with a record date set for October 21, 2026. Dividend payments will commence on or after November 4, 2026. 

Read More: TCS Share Price in Focus; Expects 80% of Future Hires to Have Digital and AI Skills! 

Balance Sheet and Cash Flow 

Elecon Engineering's consolidated assets reached ₹3,562.00 crore by the half-year mark, with non-current assets at ₹632.63 crore. The company's equity expanded to ₹2,509.30 crore.  

Net cash from consolidated operating activities was ₹241.93 crore, while investing activities used ₹196.58 crore. 

Division Performance 

The Gear division generated ₹488.00 crore in quarterly revenue, a 10.60% increase year-on-year. Its EBIT rose by 27.20% to ₹108.00 crore. The Material Handling Equipment division reported ₹151.00 crore in revenue, with an EBIT of ₹31.00 crore. 

Elecon Engineering Share Price Performance 

As of October 14, 2026, at 1:32 PM, Elecon Engineering share price on NSE was trading at ₹475.65, up by 8.10% from the previous closing price. 

Conclusion 

Elecon Engineering's September 2026 quarter showed a 10.4% YoY income growth to ₹658.73 crore, with net profit rising 9.8% YoY to ₹96.35 crore. The Gear division led with ₹488.00 crore revenue, while the MHE division contributed ₹151.00 crore. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.