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(12/02/2026 17:40)

Elgi Rubber Co. posts Q3 net loss of Rs 94.81 cr

The company reported standalone net loss during the quarter stood at Rs 94.81 crore as compared to net loss of Rs 3.53 crore in the previous year quarter.

Net revenue of the company rose moderately by 17.41 per cent at Rs 62.46 crore in October-December quarter of this fiscal as against Rs 53.20 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 76.32 per cent to Rs 81.83 crore from Rs 46.41 crore in year ago period.

Other Income grew by 256.72 per cent at Rs 3.15 crore versus (Dec'24 Rs -2.01 crore).

Operating Profit slipped by 385.42 per cent to Rs -19.38 crore as against Rs 6.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 342.99 per cent in December quarter.

Interest grew by 8.88 per cent y-o-y to Rs 4.29 crore, while Taxation decreased by 1128.81 per cent at Rs -6.07 crore (Dec'24 Rs 0.59 crore).
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