During Q4, Material Handling Equipment (MHE) division sustained its strong growth trajectory, reporting revenue of Rs 274 crore, up 37% YoY, with an EBIT margin of 22.8%. With strategic focus on product supply and expansion of aftermarket services, the company expect this segment to maintain steady momentum going forward.
Revenue in the Gear Division for Q4 was Rs 472 crore compared to Rs 597 crore in Q4FY25, with an EBIT margin of 19.3%. This decrease was primarily attributable to delays in order inflows, extended dispatch schedules, and the deferment of deliveries by customers amid ongoing global macroeconomic challenges.
Source: Elecon Engineering Statement