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flag Elecon Engineering shares fell 17% on Jan. 9, 2026, after a 33% profit drop despite revenue growth, citing order delays and higher costs.

flag 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. flag EBITDA fell 23.2% to ₹109.2 crore, with margins shrinking to 19.8%. flag The company cited delays in order inflows, higher employee costs, and unfavorable product mix as key challenges. flag The CFO, Narasimhan Raghunathan, resigned effective January 31, 2026, due to personal reasons. flag The order book stood at ₹1,372 crore, and management expressed confidence in recovery, citing strong demand in domestic industries and improving overseas performance.

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