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Eimco Elecon: Stock falls 12% after its net profits decline by 63% in Q2 FY26

Eimco Elecon (India) Limited reported Q2 FY26 net profit of ₹5.35 crore, revenue ₹33.23 crore, down sharply QoQ and YoY, reflecting weaker operations.

Introduction

Leading engineering and manufacturing company reported a Q2 FY26 net profit of ₹5.35 crore, down 63% QoQ and 59% YoY, with revenue of ₹33.23 crore, down 51% QoQ and 50% YoY, delivering industrial solutions.

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Share price movement of Eimco Elecon

On October 9, 2025, Eimco Elecon (India) Ltd opened at ₹2,380.00, down 3.4% from its previous close of ₹2,301.00. The stock reached a high of ₹2,380.40 and a low of ₹1,991.40. By 4:01 PM, it traded at ₹2,028.10, an 11.86% decrease, with a market cap of ₹1,169.89 crore.

Eimco Elecon Q2 FY26 Net Profit Drops

Eimco Elecon (India) Limited reported a significant decline in net profit for Q2 FY26. The company posted a net profit of ₹5.35 crore, down 63.1% quarter-on-quarter from ₹14.48 crore and 59.0% year-on-year from ₹13.06 crore.

Revenue from operations also fell sharply in Q2 FY26. The company recorded ₹33.23 crore, down 50.8% quarter-on-quarter from ₹67.57 crore and 50.2% year-on-year from ₹66.62 crore, reflecting reduced business activity during the quarter.

Total income for Q2 FY26 decreased to ₹37.50 crore. This represents a 50.4% decline from ₹75.66 crore in Q1 FY26 and a 48.5% decrease compared to ₹72.74 crore in Q2 FY25, showing overall lower earnings.

Stock performance of Eimco Elecon for Period of 1 week, 6 months, and 1 year

Eimco Elecon (India) Ltd delivered a 12.3% return over the past week. The stock gained 38.6% over the past six months but declined 31.7% over the past year.

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Shareholding pattern of Eimco Elecon

ParticularsJun 2025Mar 2025Dec 2024
Promoter73.60%73.60%73.60%
FII0.20%0.50%0.30%
DII0%0.30%1%
Public25.80%25.60%25.30%

About Eimco Elecon

Eimco Elecon (India) Ltd (NSE: EIMCOELECO), established in 1974, manufactures and markets equipment for underground and opencast mines, pioneering Side Dump Loaders, Load Haul Dumpers, and Rocker Shovel Loaders in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Eimco Elecon (India) Ltd share price going down today?

A: Eimco Elecon (India) Ltd posted a net profit of ₹5.35 crore, down 63.1% QoQ and 59.0% YoY in Q2 FY26.

Q: What does Eimco Elecon (India) Ltd specialize in?

A: Eimco Elecon (India) Ltd specializes in manufacturing and marketing equipment for underground and opencast mines in India.

Q: What is the market capitalization of Eimco Elecon (India) Ltd?

A: Eimco Elecon (India) Ltd has a market capitalization of ₹1,169.89 crore as of October 9, 2025.

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