ELGI Equipments Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 29, 2018 at 01:16 pm
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ELGI Equipments Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations excluding excise duty was INR 2,681.28 million compared to INR 2,177.96 million a year ago. Profit before exceptional items and tax was INR 247.69 million compared to INR 172.71 million a year ago. Profit before tax was INR 247.69 million compared to INR 172.71 million a year ago. Net profit for the period was INR 193.86 million compared to INR was 133.00 million a year ago. Earnings per basic and diluted share was INR 1.22 compared to INR 0.84 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations excluding excise duty was INR 7,221.32 million compared to INR 6,376.30 million a year ago. Profit before exceptional items and tax was INR 728.15 million compared to INR 611.57 million a year ago. Profit before tax was INR 700.71 million compared to INR 611.57 million a year ago. Net profit for the period was INR 533.49 million compared to INR was 492.79 million a year ago. Earnings per basic and diluted share was INR 3.37 compared to INR 3.11 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations excluding excise duty was INR 4,154.15 million compared to INR 3,325.45 million a year ago. Profit before exceptional items and tax was INR 369.61 million compared to INR 157.60 million a year ago. Profit before tax was INR 369.61 million compared to INR 157.60 million a year ago. Net profit for the period was INR 280.65 million compared to INR was 125.89 million a year ago. Earnings per basic and diluted share was INR 1.77 compared to INR 0.80 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations excluding excise duty was INR 11,431.03 million compared to INR 9,976.25 million a year ago. Profit before exceptional items and tax was INR 954.33 million compared to INR 691.98 million a year ago. Profit before tax was INR 926.89 million compared to INR 691.98 million a year ago. Net profit for the period was INR 681.58 million compared to INR was 531.63 million a year ago. Earnings per basic and diluted share was INR 4.30 compared to INR 3.36 a year ago.
Elgi Equipments Limited is an India-based company, which is engaged in manufacturing and trading of air compressors. The Companyâs segment includes Air compressors and Automotive equipmentâs. It provides a range of compressors, which includes oil lubricated screw air compressors, oil free piston air compressors, oil free screw air compressors, oil lubricated piston air compressors, diesel portable air compressors, electric portable air compressors, electric portable air compressors, medical air compressors & vacuum pumps, heat recovery systems, and air accessories. Its diesel portable compressor products include trolley mounted compressors 185-1200 cubic feet per minute (CFM) and skid mounted compressors 500-1500 CFM. Its oil lubricated piston air compressors products include 1-2 HP single-stage direct drive reciprocating compressor, 1-3 HP single-stage belt drive reciprocating compressor, 3-10 HP two-stage direct drive reciprocating air compressor.
ELGI EQUIPMENTS LIMITED 
