• BLOG
  • CAREERS
  • CONTACT
  • COMPANY
    • HISTORY
    • LEADERSHIP
    • MANUFACTURING EXCELLENCE
  • PRODUCTS
    • PRODUCTS BY CATEGORY
      • OIL LUBRICATED COMPRESSORS
      • OIL FREE COMPRESSORS
      • PORTABLE COMPRESSORS
      • HEAT RECOVERY SYSTEMS
      • AIR ACCESSORIES
    • PRODUCTS BY INDUSTRY
    • PRODUCT SELECTOR
  • SERVICES & PARTS
    • PARTS
    • SERVICES
  • TECHNOLOGY
  • MEDIA
    • NEWS
    • EVENTS
    • PRESS RELEASES
  • PARTNERS
  • BLOG
  • CAREERS
  • CONTACT
x
  • COMPANY
    • HISTORY
    • LEADERSHIP
    • MANUFACTURING EXCELLENCE
  • PRODUCTS
    • PRODUCTS BY CATEGORY
      • OIL LUBRICATED COMPRESSORS
      • OIL FREE COMPRESSORS
      • PORTABLE COMPRESSORS
      • HEAT RECOVERY SYSTEMS
      • AIR ACCESSORIES
    • PRODUCTS BY INDUSTRY
    • PRODUCT SELECTOR
  • SERVICES & PARTS
    • PARTS
    • SERVICES
  • TECHNOLOGY
  • MEDIA
    • NEWS
    • EVENTS
    • PRESS RELEASES
  • PARTNERS
  • BLOG
  • CAREERS
  • CONTACT
x

Elgi Equipments Limited – Results for the Financial Year 2018-19

27 May 2019

Elgi Equipments Ltd, manufacturer of air compressors, announced today the results for the financial year 2018-19 posting a PAT of Rs. 103.06 Crores, compared to Rs. 95.30 Crores in 2017-18 on a consolidated basis.

Consolidated sales for the group was Rs. 1,863 Crores compared to Rs. 1,622 Crores in the previous year.

The standalone PAT for the financial year ended 31/03/2019 was Rs. 84.7 Crores as compared to Rs. 76.9 Crores during the corresponding year ended 31/03/2018.

The Board of Directors in their meeting has recommended a dividend of 130% for the financial year 2018-19.

The financial year 2018-19 witnessed healthy growth in diverse product segments and markets globally. The company grew 15% on a consolidated basis.

The growth in automotive equipment business was modest, shadowing the growth trends of the auto industry.

Outlook for 2019-20 by Dr. Jairam Varadaraj, Managing Director, Elgi Equipments:

The company is ably positioned to realize opportunities in key markets. The realization would depend on the growth of key economies.

For the automotive equipment business, the company is exploring new avenues of growth through collaborations and technology transfers for select automotive products.

OTHER PRESS RELEASES

ELGi Compressors to Introduce a Disruption in Oil Free Compressed Air Technology at Underhall 2020

08 Jan 2020

ELGi’s NABL accredited metrology department key to ensuring enhanced product reliability and performance consistency for customers across the globe

25 Jan 2020

ELGi Equipments’ Heat Recovery System enables up to 96% wasted energy reuse

07 Jan 2020

Elgi Equipments launches Oil Free Piston Compressors at the 13th International Railway Equipment Exhibition

22 Oct 2019

Sustainable, Energy Efficient Compressed Air Solutions Take Center Stage at the 2nd annual edition of ELGi Technology Day 2019

15 Dec 2019
+62 21 46822216
[email protected]
  • COMPANY
  • PRODUCTS
  • SERVICES & PARTS
  • TECHNOLOGY
  • CAREERS
  • MEDIA
  • CONTACT
© 2021 ELGi All rights reserved.
  • Homepage
  • Company
  • Company History
  • Manufacturing Excellence
  • Partners
  • Technology
  • Media
  • ELGi Blog
  • Contact
  • Products
  • Oil Lubricated Piston Compressors
  • Portable Compressors
  • Oil Free Compressors
  • Air Accessories
  • Heat Recovery System
  • Services & Parts
  • Services
  • Parts
  • Filters and Separators
  • Lubricants & Fluids
  • Service Kits
  • Careers
  • Grow with ELGi
+62 21 46822216
[email protected]
© 2021 ELGi, All rights reserved.

CONNECT

WITH US

Let us help you find the perfect solution to your needs.

FIND AN ELGi DEALER

Let us help you find the nearest dealer.

REQUEST

A QUOTE

Let us help you find the perfect solution to your needs.

DROP AN

ENQUIRY

Let us help you find the perfect solution to your needs.

APPLY NOW

Let us help you find the perfect solution to your needs.

ONLINE

SERVICE REQUEST

REGISTER

You are visiting ELGi from outside INDONESIA, for more relevent information, please visit our website for your region by selecting it from the dropdown below.

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies.

Read MoreACCEPT

Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.