2 hrs ago
Elitecon International Shares Near Upper Circuit After Strong Results
Elitecon International is a company that works in tobacco, edible oil, farming products and international trade.
Its shares moved close to their daily trading limit after the company announced its results.
The company said its total revenue grew sharply in the financial year ending March 31, 2026.
Its total profit also increased compared with the previous year.
However, the profit of the main company by itself went down.
Two edible-oil businesses were added to the group during the year.
Because they were included for only six months, their full-year contribution is expected in the next financial year.
The company plans to expand its businesses and international operations.
Elitecon International shares reached ₹8.79 in Tuesday trading, near the 5% upper circuit.
The company reported consolidated revenue of ₹5,074.80 crore for FY2025-26, up from ₹548.76 crore.
Consolidated profit after tax rose to ₹185.06 crore from ₹69.65 crore a year earlier.
Standalone revenue increased to ₹1,529.50 crore, while standalone profit after tax fell to ₹13.09 crore.
The company attributed its expansion partly to edible-oil subsidiaries Sunbridge Agro and Landsmill Agro.
- Who
- Elitecon International Limited, including its subsidiaries Sunbridge Agro and Landsmill Agro.
- What
- The company reported strong consolidated FY2025-26 results, while its shares traded near the upper circuit.
- Where
- The shares traded on the BSE; the company also operates in India and international markets including the Middle East, Africa and ASEAN markets.
- When
- The share move and results announcement occurred on Tuesday, September 22; the reported financial year ended March 31, 2026.
- Why
- The share move followed the company's announcement of sharply higher consolidated revenue and profit.
Key facts
- Intraday high
- ₹8.79 per share
- Previous close
- ₹8.38 on Monday
- Consolidated revenue
- ₹5,074.80 crore in FY2025-26, compared with ₹548.76 crore
- Consolidated PAT
- ₹185.06 crore, compared with ₹69.65 crore
- Standalone revenue
- ₹1,529.50 crore, compared with ₹297.51 crore
- Standalone PAT
- ₹13.09 crore, compared with ₹32.21 crore
- Newly consolidated businesses
- Sunbridge Agro and Landsmill Agro were consolidated from September 30, 2025
Quotes
Pradeep Kumar
Managing Director of Elitecon International Limited
“FY2025–26 marked a significant expansion for Elitecon International, with the addition of our edible-oil and agro platform and a full year of international trading operations. We enter the new year focused on expanding capacity across tobacco and edible oil, strengthening our presence across the Middle East, Africa, ASEAN and Europe, and exploring joint ventures with overseas companies to manufacture abroad and bring global capabilities to India.”
livemint.com
Sources
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