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(13/11/2026 10:50)

Elgi Rubber Co. posts Q2 net loss of Rs 31.38 cr

The company reported standalone net loss during the quarter stood at Rs 31.38 crore as compared to net loss of Rs 1.25 crore in the previous year quarter.

Net revenue of the company rose moderately by 17.01 per cent at Rs 70.91 crore in July-September quarter of this fiscal as against Rs 60.60 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 8.01 per cent to Rs 62.00 crore from Rs 57.40 crore in year ago period.

Other Income grew by 36.14 per cent at Rs 3.39 crore versus (Sep'25 Rs 2.49 crore).

Operating Profit surged by 179.62 per cent to Rs 8.92 crore as against Rs 3.19 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 138.71 per cent in September quarter.

Interest grew by 23.29 per cent y-o-y to Rs 4.87 crore, while Taxation increased by 5645.45 per cent at Rs -6.32 crore (Sep'25 Rs -0.11 crore).