Elecon Engineering reports 25% revenue growth to INR 491cr

Elecon Engineering Company Limited reported consolidated revenue rising 25% year-on-year to INR 491 crores in Q1 FY26. Domestic revenue surged 41.4% to INR 367 crores, contributing 75% of total revenue.

The Material Handling Equipment division saw 139% revenue increase to INR 133 crores, including INR 25 crores from an arbitration settlement. Excluding this settlement, MHE revenue still nearly doubled.

Consolidated EBITDA grew 41% to INR 130 crores. The company's order book stood at INR 710 crores as of June 30, 2025, with total quarterly order intake of INR 480 crores.