Elgi Equipments, a manufacturer of air compressors, on Friday reported consolidated net profit of ₹128 crore for the quarter ended September 2026 (Q2FY27) as compared to ₹121 crores in the same period in last year, a 6 per cent y-o-y growth.
Consolidated revenue grew 17 per cent and stood at ₹1,134 crores in Q2FY27 compared to ₹968 crores in Q2FY26.
Profitability was impacted by increase in costs of materials consumed and also by an one-time exceptional charge of ₹3.7 crore towards restructuring costs arising from organizational realignment.
Standalone PAT for the quarter stood at ₹129 crores as compared to ₹91 crores in the same period last fiscal. Standalone revenue from operations was ₹708 crores ( ₹568 crores)
The air compressor manufacturer posted a consolidated sales ₹1,134 crores for the quarter, compared to ₹968 crores in the corresponding quarter in 2025-26, representing a growth of 17%.
“Growth momentum continued in the Indian and American markets. Performance in Europe and Australia remained subdued amid prevailing economic headwinds,” the company said in a statement.
As for its outlook for Q3FY27, Elgi said that notwithstanding the geopolitical tensions and rising cost pressures, the company maintains a positive outlook for Q3 and remains on track to achieve its budgeted performance.
Published on November 6, 2026
