Coimbatore-based Elgi Equipments Ltd, a leading manufacturer of air compressors, announced the results for the financial year 2017-18 posting a PAT of Rs 76.9 crore, compared to Rs 68.4 crore in 2016-17.
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Sri Jayavilas Textiles saves Rs 43 lakh in annual energy costs by implementing measures identified in air audit. After completing all the changes, the company expects to save another Rs 40 lakh.
Aleading name in the textile market in South India, Sri Jayavilas Textiles produces combed and carded single and double cotton yarn. Its plant in Aruppukkotai, near Madurai, produces 7,200 tonnes of cotton yarn and has an annual turnover of Rs 120 crore.
In the air audit for Lakshmi Mills, ELGi focused on understanding the usage and efficiency level of its compressed air system. Acompany with over a 100-year-old legacy in the textile market in India, Lakshmi Mills, has two production facilities in Tamil Nadu – in Palladam and Kovilpatti.