Elgi Equipments Q1 FY26 PAT Rises 17.5% to Rs 850.6 Million

14 Aug 2025 CW Team

Elgi Equipments, a global manufacturer of air compressors, reported total income of Rs 8.86 billion for Q1 FY26, up 8.8 per cent from Rs 8.14 billion in Q1 FY25 and 0.7 per cent higher than Rs 8.80 billion in Q4 FY25. The growth reflects continued market momentum and a solid order book across its oil-free and oil-lubricated compressor segments.

Profit before tax stood at Rs 1.14 billion, registering a 14.8 per cent increase year-on-year and a 4 per cent rise quarter-on-quarter. Profit after tax rose to Rs 850.60 million, up 17.5 per cent Y-o-Y and 12.3 per cent Q-o-Q. Earnings per share climbed to Rs 2.70 from Rs 2.40 in the previous quarter and Rs 2.30 a year ago.

Total expenses for the quarter were Rs 7.71 billion, up 8 per cent Y-o-Y and marginally higher by 0.2 per cent Q-o-Q, in line with revenue growth. The company’s ability to grow profitability alongside expenses indicates effective cost management and operational efficiency.

With a global footprint across multiple industries including manufacturing, construction, and agriculture, Elgi Equipments continues to invest in innovation and customer-centric solutions to strengthen its market position.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..