The result was announced after market hours on Friday, 28 July 2017.

Meanwhile, the S&P BSE Sensex was up 86.19 points, or 0.27% at 32,396.07. The S&P BSE Mid-Cap index was up 26.82 points, or 0.17% at 15,356.38.

On the BSE, 6,939 shares were traded on the counter so far as against the average daily volumes of 5,604 shares in the past one quarter. The stock had hit a high of Rs 248.50 and a low of Rs 236.75 so far during the day. The stock had hit a record high of Rs 257.45 on 28 July 2017 and a 52-week low of Rs 159 on 4 August 2016.

The stock had outperformed the market over the past one month till 28 July 2017, advancing 5.36% compared with the Sensex's 4.79% rise. The scrip had also outperformed the market over the past one quarter advancing 22.52% as against the Sensex's 7.99% rise. The scrip had also outperformed the market over the past one year advancing 40.32% as against the Sensex's 14.54% rise.

The mid-cap company has equity capital of Rs 15.85 crore. Face value per share is Rs 1.

Elgi Equipments manufactures air compressors and automobile service station equipment.

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Net profit of Elgi Equipments declined 39.61% to Rs 13.60 crore in the quarter ended June 2017 as against Rs 22.52 crore during the previous quarter ended June 2016. Sales rose 4.49% to Rs 354.83 crore in the quarter ended June 2017 as against Rs 339.59 crore during the previous quarter ended June 2016.

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Net profit of Elgi Equipments declined 17.07% to Rs 16.52 crore in the quarter ended June 2017 as against Rs 19.92 crore during the previous quarter ended June 2016. Sales rose 6.31% to Rs 220.41 crore in the quarter ended June 2017 as against Rs 207.33 crore during the previous quarter ended June 2016.

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Elgi Equipments will hold a meeting of the Board of Directors of the Company on 28 July 2017.

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