Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.The company had posted a net profit of Rs 146.48 crore in the same quarter previous financial year (Q4 FY25), according to its stock exchange filing.The steep decline in profit wa…
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