Elgi’s compressor business up 5%

Elgi’s compressor business up 5%

Elgi Equipments Ltd, manufacturer of air compressors, has announced the results for the first quarter ended 30th June, 2019, posting a PAT of Rs 17 crore for the quarter, compared to Rs 18.5 crore in the same period in 2018-2019 on a consolidated basis.

Elgi Equipments Ltd, manufacturer of air compressors, has announced the results for the first quarter ended 30th June, 2019, posting a PAT of Rs 17 crore for the quarter, compared to Rs 18.5 crore in the same period in 2018-2019 on a consolidated basis. Consolidated sales for the quarter was Rs 467 crore as against Rs 413 crore in the corresponding quarter in 2018-2019. The standalone PAT for the quarter was Rs 14 crore as compared to Rs 22 crore in the same period in 2018-19.


The company’s compressor business in the domestic market grew by 5 per cent over the corresponding quarter in 2018-19, in spite of a slowdown in real GDP growth. The growth is in line with expectations in most segments. The company’s international business has grown steadily in its key focus markets, notwithstanding stiff competition in the market. The company’s automotive business grew by 12 per cent, successfully overcoming a slide in automobile sales pan India, when compared to the corresponding quarter in 2018-2019.


The same trend is expected to continue during the second quarter. A higher growth can be realised in domestic market if the automotive industry picks up and infrastructure investments improve.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (46)
  • comment-avatar

    walgreen generic allergy pills non drowsy allergy medication canada can flonase make you sleepy

  • comment-avatar

    order prednisone 20mg for sale prednisone 5mg without prescription

  • comment-avatar
  • comment-avatar

    topical prescription adult acne medication accutane 40mg us pills to treat acne

  • comment-avatar

    antacid prescription drug names order ciprofloxacin 1000mg pills

  • comment-avatar

    buy isotretinoin 20mg generic order accutane pill isotretinoin 10mg cheap

  • comment-avatar

    cheap amoxil online buy amoxil online cheap amoxicillin without prescription

  • comment-avatar

    azithromycin 250mg pills cheap zithromax 250mg buy zithromax tablets

  • comment-avatar

    azithromycin 500mg generic oral azithromycin 250mg azipro 500mg cheap

  • comment-avatar

    omnacortil 40mg without prescription prednisolone oral buy prednisolone 40mg generic

  • comment-avatar

    order augmentin 375mg without prescription augmentin us

  • comment-avatar

    synthroid 75mcg canada order levothroid without prescription levoxyl order

  • comment-avatar

    clomid 50mg cheap clomiphene 50mg sale clomid price

  • comment-avatar

    buy tizanidine pills tizanidine cheap purchase tizanidine pill

  • comment-avatar

    purchase rybelsus pill cost rybelsus semaglutide 14 mg pills

  • comment-avatar

    where to buy rybelsus without a prescription order semaglutide 14mg semaglutide buy online

  • comment-avatar

    buy cheap amoxicillin amoxicillin 250mg pills order amoxicillin 500mg for sale

  • comment-avatar

    cheap augmentin buy augmentin 1000mg without prescription purchase augmentin without prescription

  • comment-avatar

    viagra tablet sildenafil sale order sildenafil 100mg online

  • comment-avatar

    levitra 20mg usa buy vardenafil tablets order levitra online

  • comment-avatar

    buy generic triamcinolone aristocort pills triamcinolone order online

  • comment-avatar

    order generic cenforce cenforce 50mg drug order cenforce 50mg pills

  • comment-avatar

    order aralen 250mg pills order chloroquine generic buy chloroquine 250mg online cheap

  • comment-avatar

    buy generic glucophage 1000mg buy glucophage 500mg generic metformin canada

  • comment-avatar

    order atorvastatin 10mg without prescription buy lipitor for sale lipitor 10mg sale

  • comment-avatar

    buy amlodipine 10mg online brand norvasc buy norvasc 10mg pill

  • comment-avatar

    cheap medrol buy medrol 8mg purchase medrol for sale

  • comment-avatar

    pay for assignments australia help with thesis websites to write essays

  • comment-avatar

    order inderal 10mg for sale inderal canada buy clopidogrel 75mg generic

  • comment-avatar

    buy methotrexate generic buy warfarin 5mg generic medex online

  • comment-avatar

    purchase flomax generic buy flomax 0.4mg pill celecoxib buy online

  • comment-avatar

    cheap simvastatin zocor without prescription buy valacyclovir

  • comment-avatar

    purchase finasteride sale propecia order order generic forcan

  • comment-avatar

    ciprofloxacin drug – buy generic cephalexin 125mg augmentin 625mg pill

  • comment-avatar

    baycip medication – generic cephalexin 500mg buy augmentin 1000mg online cheap

  • comment-avatar

    metronidazole 400mg without prescription – where can i buy amoxil zithromax order

  • comment-avatar

    buy ciprofloxacin 500mg without prescription – buy erythromycin 250mg online cheap oral erythromycin

  • comment-avatar

    buy acillin generic amoxicillin over the counter buy generic amoxicillin

  • comment-avatar

    buy lasix no prescription – buy lasix paypal purchase captopril sale

  • comment-avatar

    hydroxyzine pill – buy atarax 10mg generic how to get endep without a prescription

  • comment-avatar

    buy clomipramine tablets – buy paxil 10mg online doxepin 75mg ca

  • comment-avatar

    order augmentin 625mg pills – buy linezolid no prescription where to buy cipro without a prescription

  • comment-avatar

    where can i buy desloratadine – clarinex 5mg drug purchase albuterol pills

  • comment-avatar

    buy depo-medrol cheap – buy cetirizine 10mg online cheap order azelastine 10 ml sale

  • comment-avatar

    order glyburide online cheap – order micronase 5mg online buy forxiga pills for sale

  • comment-avatar

    buy repaglinide medication – jardiance 10mg sale purchase empagliflozin online

  • Disqus ( )