ELGi posts sales growth in Q2
Elgi Equipments
announced the results for the
quarter and half year ended
30 September 2020. PAT for
the quarter was Rs 332
million compared to Rs 117
million in the same period in
2019-2020 on a consolidated
basis. Consolidated sales for
the quarter was Rs 4.80
billion as against Rs 4.45
billion in the corresponding
quarter in 2019-2020. The
standalone PAT for the
quarter was Rs 298 million
compared to Rs 247 million
in the same period in
2019-20.The compressor
business’ performance in the
domestic market has
improved after the lockdown
restrictions were lifted.