Eimcoeleco q2 profit rises to ₹78 million.

Eimco Elecon (India) Limited

reported standalone Q2 net profit of ₹78 million, up from ₹53.5 million year-on-year. Revenue stood at ₹568 million versus ₹332 million a year ago. EBITDA rose to ₹108 million from ₹52 million. EBITDA margin improved to 18.91 percent from 15.71 percent. The results show strong growth in revenue and profit for the quarter. The key numbers are Q2 profit of ₹78 million, revenue of ₹568 million and EBITDA margin of 18.91 percent. This reflects higher sales for the engineering firm. Peers such as Elecon Engineering, Action Construction and BEML may face comparison on growth rates. Near-term prices could react to the results. Risks include slower order execution or higher costs. Competitors listed: Elecon Engineering, Action Construction, BEML. We have no financial interest in this news.