Elecon turnover shows growth
Elecon Engineering Company announced its unaudited financial results for the quarter/nine months ended on December 31, 2014. The turnover for Q3 FY15 is at Rs 112.06 crore as against Rs 111.10 crore in Q3 FY14 representing a marginal increase of 0.86 per cent. Profit before tax increased from Rs 5.92 crore in Q3 FY 14 to Rs 9.50 crore (before exceptional item) in Q3 FY 15 representing an increase of 60.47 per cent and net profit after tax increased from Rs 4.43 crore in Q3 FY 14 to Rs 6.48 crore in Q3 FY 15.