Elgi Equipments incorporates wholly owned subsidiary in Australia

19 Jul 2011

Elgi Equipments has incorporated a wholly owned subsidiary in Australia on July 12, 2011 under the name and style of ‘ELGI EQUIPMENTS AUSTRALIA’.

The company has reported a jump of 27.20% in its net profit at Rs 14.45 crore for the quarter ended March 31, 2011 against Rs 11.36 crore for the quarter ended March 31, 2010. The company has reported net sales / income from operations of Rs 196.45 crore for the quarter ended March 31, 2011, up by 11.99% against Rs 175.41 crore for the quarter ended March 31, 2010.

Elgi Equipments is engaged in manufacturing of air compressors and automobile service station equipment. Products manufactured by company has wide applications in the area of mining, pharmaceuticals, ship building, power, oil, chemicals, textiles, printing,  paper, transport, electronics, telecommunications, defence, medical, railways, food and beverages and plastics.

Related Elgi Equipments Ltd. Links:

Elgi Equipments Share Price

257.10 2.10 (0.82%) Dec 10, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dynamatic Tech 959.15
Elgi Equipments 257.10
Ingersoll Rand 620.35
Kirloskar Pneumatic 125.05
WPIL 611.85
View more..
Sensex vs Elgi Equipments
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463