Elgi Equipments, the Coimbatore-headquartered manufacturer of air compressors, posted 23 per cent growth in consolidated revenue of ₹1,062 crore for the quarter ended June 2026 (Q1FY27).Consolidated net profit for the quarter stood at ₹103 crore, growing around 20 per cent from the ₹86 crore profit in the same quarter in previous fiscal.During the quarter ended June 30, 2026, the Group recognised around ₹7.3 crore as restructuring costs arising from organisational realignment, which was recognised as an exceptional item.Geopolitical tensionsNotwithstanding the geopolitical tensions and rising cost pressures, Elgi Equipments said in a statement that it maintains a positive outlook for Q2 and remains on track to achieve its budgeted performance.On a standalone basis, PAT for the quarter ₹90 crores as compared to ₹82 crores in the same period in Q1FY26.“The company delivered double-digit growth driven by resilient performance across India and American markets and exchange. Performance in Europe and Australia remained subdued amid prevailing economic headwinds. Our automotive business also achieved double digit growth when compared to the same period in 2025-26,” Elgi Equipments said.The company’s shares ended the trading day at ₹576.40, flat on the BSE.Published on August 13, 2026