Robust Q2 results for Elecon
Elecon Engineering Company announced its unaudited financial results for the quarter ended on September 30, 2012. The turnover for Q2 FY13 is at Rs 329.67 crore as against Rs 335.36 crore in Q2 FY12 representing a decline of 1.7 percent. Profit before tax increased from Rs 24.83 crore in Q2 FY12 to Rs 33.76 crore in Q2 FY13, representing a growth of 36 percent and net profit after tax increased from Rs 15.57 crore in Q2 FY12 to Rs 22.97 crore in Q2 FY13 representing a growth of 47.50 percent.