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Elecon Engineering shares fell 17% on Jan. 9, 2026, after a 33% profit drop despite revenue growth, citing order delays and higher costs.
Elecon Engineering shares dropped up to 17% on January 9, 2026, after reporting a 33% year-on-year decline in consolidated net profit to ₹72 crore for the December 2025 quarter, despite a 4.3% revenue increase to ₹551.7 crore.
EBITDA fell 23.2% to ₹109.2 crore, with margins shrinking to 19.8%.
The company cited delays in order inflows, higher employee costs, and unfavorable product mix as key challenges.
The CFO, Narasimhan Raghunathan, resigned effective January 31, 2026, due to personal reasons.
The order book stood at ₹1,372 crore, and management expressed confidence in recovery, citing strong demand in domestic industries and improving overseas performance.
Las acciones de Elecon Engineering cayeron un 17% el 9 de enero de 2026, después de una caída de ganancias del 33% a pesar del crecimiento de los ingresos, citando retrasos en los pedidos y mayores costos.