Elicon Engineering Company Limited is one of the country's largest industrial gear solution provider companies. On Thursday, this company published its financial report for the third quarter of the current financial year, i.e., from October to December 2025. The report shows that the company's net profit has taken a massive hit. After this report came to light, the company's shares crashed on Friday. In the week's final trading session, the company's share price fell by 13.3 percent to ₹435.
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In the third quarter of the current financial year, this industrial gear service provider company's net profit was ₹72 crore. In the third quarter of the last financial year, this figure was ₹108 crore. This means it has decreased by 33 percent compared to a year ago. However, despite the decline in net profit, the company's revenue has increased compared to a year ago. In the third quarter of the current financial year, the company's revenue was ₹552 crore. A year ago, it was ₹529 crore. Additionally, the company's EBITDA margin decreased by 19.8 percent.
In the first 9 months of the current financial year, i.e., the first three quarters, the company's revenue increased by 13 percent and net profit increased by 25 percent.
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Not just Friday. Over the past few months, this company's share price has seen a significant decline. In the last one month, its price has fallen by 8.37 percent. In the last 6 months, this share has declined by nearly 34 percent. In the last one year, this stock's price has fallen by more than 27 percent. However, over a five-year period, multibagger returns have been achieved from this company's stock. In the last five years, this industrial gear manufacturer company's stock has given returns of more than 1600 percent.
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