Elgi Equipments Reports Strong Q2 Growth

14 Nov 2025 CW Team

Elgi Equipments Ltd, the air-compressor manufacturer, reported consolidated sales of Rs 9.68 billion for the quarter, up from Rs 8.69 billion in the same quarter of 2024–2025, marking growth of 11 per cent. Standalone sales rose to Rs 5.68 billion from Rs 5.31 billion, representing a 7 per cent increase.

On a consolidated basis, profit after tax reached Rs 1.21 billion, compared with Rs 950 million in the corresponding period last year, reflecting growth of 27 per cent. Standalone PAT stood at Rs 910 million, slightly lower than Rs 980 million in the same quarter of 2024–2025.

Growth momentum remained strong across India, the Middle East and South America. The USA and Australia delivered double-digit improvements, showing a positive shift, while Europe continued to face challenges due to economic headwinds. The automotive business achieved its expected growth compared with the previous year.

Overall, the company delivered solid performance led by international markets.

Outlook for Q3 2025–26 Elgi Equipments expects to maintain a similar growth rate in the third quarter, subject to the resolution and stabilisation of import tariff issues between the USA and India.

Infrastructure Transport

12 Jan 2026

Dhalbhumgarh Airport Faces 150-km Rule Hurdle

The issue has resurfaced following a recent statement by Union Civil Aviation Minister Ram Mohan Naidu, who said that under existing aviation policy, a new greenfield airport is generally not permitted within an aerial distance of 150 kilometres of an operational civilian airport. He added, however, that if a formal proposal is submitted, its impact on the existing airport can be examined and relaxations may be considered on a case-by-case basis. While the clarification has revived some hope for Dhalbhumgarh, it has also underlined the scale of the technical challenge facing the project. Unde..

Stakeholders Seek Parallel Ops For Vizag Airports

With road and metro rail links to Bhogapuram still several years away, stakeholders in north Andhra Pradesh have renewed demands to continue civil operations at INS Dega even after the commissioning of Bhogapuram International Airport. The new airport is expected to begin commercial operations from June. Officials said close to 80 per cent of the airport infrastructure at Bhogapuram, including the terminal building and internal approach roads, has already been completed. However, inadequate external connectivity remains a key concern. Making a case for parallel operations, Andhra Pradesh Air ..

Govt To Roll Out V2V Tech To Cut Road Crashes

In an effort to curb road accidents, particularly in low-visibility conditions such as dense fog, the government is set to roll out vehicle-to-vehicle (V2V) communication technology that will allow cars to exchange real-time data and alert drivers to potential dangers. The announcement was made by Union Road Transport and Highways Minister Nitin Gadkari after the 43rd meeting of the Transport Development Council. The technology involves installing an on-board unit (OBU) in vehicles, enabling wireless data exchange between nearby cars. This will allow vehicles to share information such as spee..