Press background on Elecon Engineering Company Limited
Company profile
Elecon has two business segments – transmission equipment and material handling equipment. The transmission equipment segment is engaged in manufacturing transmission equipment like gearboxes and couplings while the material handling segment is engaged in manufacturing material handling equipment like raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon or truck loaders, crushers, wagon tipplers, feeders, and port equipment. It has a business presence across 60+ countries and has plans to expand its geographies into all such countries which use industrial gear systems in moderate or large numbers shortly. Listed with the BSE and NSE, the company has consistently given attractive dividends to its shareholder community.
Elecon Engineering Company Limited (‘Elecon/Company’), Asia’s largest manufacturer of industrial gear systems and material handling equipment clocked in consolidated revenue for FY22 of INR 12.03 billion (USD 159 million) and is poised at a growth trajectory that is inimitable wit... (more)
Sep 14, 2022 14:14 IST
Elecon Engineering Company Limited
