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Elgi Equipments reports 55% rise in Q2 consolidated net profit

09 Nov 2021 Evaluate

Elgi Equipments has reported results for second quarter ended September 30, 2021.

The company has reported a rise of 90.81% in its net profit at Rs 56.92 crore for the quarter under review as compared to Rs 29.83 crore for the same quarter in the previous year. Total income of the company increased by 59.39% at Rs 433.19 crore for Q2FY22 as compared Rs 271.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 55.25% in its net profit at Rs 51.62 crore for the quarter under review as compared to Rs 33.25 crore for the same quarter in the previous year. Total income of the company increased by 37.86% at Rs 669.34 crore for Q2FY22 as compared Rs 485.53 crore for the corresponding quarter previous year.

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Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
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