Elgi Equipments is aiming to perform 'reasonably well' during the current financial year in the wake of the COVID-19 pandemic. The compressor business performance during the fourth quarter was 'commendable' while on a year-on-year basis it saw a 'marginal growth' over last year. The effects and longevity of the pandemic are still unknown and it would certainly have a bearing on the business for 2021-22.
Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.
