Conference Call with Elgi Equipments Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Industrial equipment firm Elgi Equipments announced Q3FY23 results: Consolidated Q3FY23: PAT for the quarter was Rs 80.1 crore compared to Rs 41.7 crore in the same period in 2022. Sales for the third quarter was Rs 772 crore as against Rs 656 crore in the corresponding quarter in 2022. Standalone Q3FY23: PAT for the third quarter was Rs 74.6 crore compared to Rs 45.8 crore in the same period in 2022. The compressor business in the domestic market was close to the targeted numbers. Business growth in Europe, North America and Brazil was strong. Some areas in the Middle East and Africa, Australia and certain South-East Asian Countries have small gaps as against their plans. Result PDF