elgi logo
  • BLOG
  • CAREERS
  • CONTACT
  • HOME
  • PRODUCTS
    • PRODUCTS BY CATEGORY
      • OIL LUBRICATED COMPRESSORS
      • OIL FREE COMPRESSORS
      • ROTARY SCREW AIR COMPRESSORS
      • RECIPROCATING AIR COMPRESSORS
      • PORTABLE COMPRESSORS
      • RAILWAY COMPRESSORS
      • HEAT RECOVERY SYSTEMS
      • AIR ACCESSORIES
      • MEDICAL AIR COMPRESSORS
    • PRODUCTS BY INDUSTRY
      • TEXTILES
      • AGRICULTURE
      • HEALTHCARE
    • PRODUCT SELECTOR
  • TECHNOLOGY
  • MEDIA
    • NEWS
    • EVENTS
    • PRESS RELEASES
  • BLOG
  • CAREERS
  • CONTACT
  • PARTS
x
elgi logo
  • HOME
  • PRODUCTS
    • PRODUCTS BY CATEGORY
      • OIL LUBRICATED COMPRESSORS
      • OIL FREE COMPRESSORS
      • ROTARY SCREW AIR COMPRESSORS
      • RECIPROCATING AIR COMPRESSORS
      • PORTABLE COMPRESSORS
      • RAILWAY COMPRESSORS
      • HEAT RECOVERY SYSTEMS
      • AIR ACCESSORIES
      • MEDICAL AIR COMPRESSORS
    • PRODUCTS BY INDUSTRY
      • TEXTILES
      • AGRICULTURE
      • HEALTHCARE
    • PRODUCT SELECTOR
  • TECHNOLOGY
  • MEDIA
    • NEWS
    • EVENTS
    • PRESS RELEASES
  • BLOG
  • CAREERS
  • CONTACT
  • PARTS
x

Elgi Equipments Limited – Second Quarter 2023-24 results

08 Nov 2023

Elgi Equipments Ltd, manufacturer of Air Compressors, announced the results for the second quarter ended 30th September,2023. Consolidated PAT for the quarter was Rs. 91.3 Crore compared to Rs. 72.0 Crore in the same period in 2022-23. Consolidated sales for the second quarter was Rs. 806 Crore as against Rs. 739 Crore in the corresponding quarter in 2022-23.

The standalone PAT for the second quarter was Rs. 83.3 Crore compared to Rs. 72.7 Crore in the same period in 2022-23.

Overall, there is sluggishness in demand. While enquiries remain healthy, closure is taking longer. Europe is facing challenges on multiple fronts and it is expected to be subdued. The automotive business is doing well and registering impressive growth.

Outlook for Q-3, FY 2023-24

The Company expects to marginally improve on its Q2 performance. Impact of geo-political war in the middle-east is yet to be assessed though experts have varied opinions.

OTHER PRESS RELEASES

ELGi powers the 11th edition of the Coimbatore Marathon

16 Dec 2023

ELGi Celebrates Commitment to Innovative, Energy-Efficient Compressed Air Solutions at Technology Day, 2023

15 Dec 2023

ELGi Wraps Up the 5th Edition of #WhatsYourFinishLine

09 Nov 2023

Elgi Equipments Limited – Second Quarter 2023-24 results

08 Nov 2023

Compressed Biogas: A Clean Energy Solution

26 Oct 2023
+971 6 557 9970
[email protected]
  • PRODUCTS
  • SERVICES & PARTS
  • CAREERS
  • MEDIA
  • CONTACT
© 2025 ELGi All rights reserved.
  • Homepage
  • Company History
  • Manufacturing Excellence
  • Distributors
  • Technology
  • Media
  • ELGi Blog
  • Contact
  • Products
  • Oil Lubricated Piston Compressors
  • Portable Compressors
  • Oil Free Compressors
  • Railway Air Compressors
  • Air Accessories
  • Heat Recovery System
  • Services & Parts
  • Parts
  • Filters and Separators
  • Lubricants & Fluids
  • Service Kits
  • Careers
  • Grow with ELGi
  • Privacy Policy
footer logo
+971 6 557 9970
[email protected]
© 2025 ELGi, All rights reserved.

SUBSCRIBE TO THE COMPRESSED AIR JOURNAL

Be the first to get updates, learn more and join our explorative world by subscribing to our official compressed air journal.

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

CONNECT

WITH US

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

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • With sending this inquiry I consent to ELGi sending me more information on their products and company.
  • This field is for validation purposes and should be left unchanged.

FIND AN ELGi DEALER

Let us help you find the nearest dealer.

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

REQUEST

A QUOTE

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

  • With sending this inquiry I consent to ELGi sending me more information on their products and company.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form

DROP AN

ENQUIRY

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

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

ONLINE

SERVICE REQUEST

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

AIR AUDIT

REQUEST

  • This field is hidden when viewing the form
  • With sending this inquiry I consent to ELGi sending me more information on their products and company.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

DOWNLOAD

BROCHURE

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

  • This field is hidden when viewing the form
  • With sending this inquiry I consent to ELGi sending me more information on their products and company.
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

You are visiting ELGi from outside MIDDLE EAST, for better information visit your regional site by selecting it below


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

Read MoreCookie settingsACCEPT

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.
SAVE & ACCEPT