Elecon Engineering Q1 profit falls 60%, stock drops 5%
after close1 source ↓written by the desknot a recommendation
- in Q1FY27 net
- 60% drop
- net profit
- ₹70 crore
- last year
- ₹175 crore
- YoY
- 6%
- but operating performance
- ₹521 crore
Shares of Elecon Engineering declined over 5% on 10 July 2026 after reporting a 60% drop in Q1FY27 net profit to ₹70 crore, down from ₹175 crore last year. Revenue increased 6% YoY to ₹521 crore but operating performance showed weakness. The previous year's profit included a one-time gain of ₹80.5 crore.
Not investment advice. For informational purposes only.