Total expenses rose 25.1% to Rs 38.31 crore in Q2 FY24 over Q2 FY23. During the quarter, cost of materials consumed stood at Rs 18.51 crore (up 157.8% YoY) while employee benefits expense was at Rs 4.02 crore (up 8.9% YoY).

Net cash flow from operating activities stood at Rs 7.11 crore as on 30 September 2023, lower than Rs 12.04 crore as on 30 September 2022.

Eimco Elecon is a manufacturer and supplier of various mining and construction equipment in India.