January 23, 2017 9:49 AM ET

Machinery

Company Overview of Elgi Rubber Company Limited

Company Overview

Elgi Rubber Company Limited manufactures and sells reclaimed and retread rubber products, and retreading machinery for use in the rubber industry in India. It engages in the manufacture and sale of rubber tires and tubes; and retreading and rebuilding of rubber tires. The company also provides a range of tire and tube repairs, retreading and repair equipment, tools, and accessories under the Jet brand; rasp blades, hubs, and spacers under the Pincott brand; retread process equipment under the Armonas brand; gums, adhesives, and sealants under the Midwest brand; brazed carbide tools under the Carbrasive brand; and reclaim rubber under the Ecorr brand. Elgi Rubber Company Limited was incorpora...

2000, Trichy Road

Coimbatore,  641005

India

Founded in 2006

Phone:

91 42 2232 1000

Fax:

91 42 2232 2222

Key Executives for Elgi Rubber Company Limited

Chairman, Managing Director, Chairman of CSR Committee and Member of Stakeholders Relationship Committee
Age: 58
Total Annual Compensation: 4.7M
Chief Financial Officer and Vice President of Finance
Total Annual Compensation: 2.2M
Compliance Officer and Company Secretary
Total Annual Compensation: 557.6K
Compensation as of Fiscal Year 2016.

Elgi Rubber Company Limited Key Developments

Elgi Rubber Company Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Elgi Rubber Company Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2016. For the quarter, on standalone basis, reported total income from operations of INR 554.390 million compared to INR 352.592 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.382 million compared to INR 14.816 million a year ago. Profit from ordinary activities before tax was INR 21.549 million compared to INR 16.655 million a year ago. Net profit was INR 14.983 million or INR 0.30 per basic and diluted share before and after extraordinary items compared to INR 11.479 million or INR 0.23 per basic and diluted share before and after extraordinary items a year ago. For the quarter, on consolidated basis, reported total income from operations of INR 960.512 million compared to INR 1,039.014 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.753 million compared to INR 22.920 million a year ago. Loss from ordinary activities before tax was INR 19.361 million compared to INR 3.505 million a year ago. Net loss was INR 21.857 million or INR 0.44 per basic and diluted share before and after extraordinary items compared to INR 15.892 million or INR 0.32 per basic and diluted share before and after extraordinary items a year ago. For the six months period, on standalone basis, reported total income from operations of INR 1,062.994 million compared to INR 680.141 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 78.986 million compared to INR 32.466 million a year ago. Profit from ordinary activities before tax was INR 43.024 million compared to INR 23.639 million a year ago. Net profit was INR 29.997 million or INR 0.60 per basic and diluted share before and after extraordinary items compared to INR 16.481 million or INR 0.33 per basic and diluted share before and after extraordinary items a year ago. For the six months period, on consolidated basis, reported total income from operations of INR 2,014.802 million compared to INR 2,032.658 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 4.579 million compared to INR 16.014 million a year ago. Loss from ordinary activities before tax was INR 75.934 million compared to INR 92.118 million a year ago. Net loss was INR 78.953 million or INR 1.58 per basic and diluted share before and after extraordinary items compared to INR 105.917 million or INR 2.12 per basic and diluted share before and after extraordinary items a year ago.

Elgi Rubber Company Limited to Report Q2, 2017 Results on Oct 26, 2016

Elgi Rubber Company Limited announced that they will report Q2, 2017 results on Oct 26, 2016

Elgi Rubber Company Limited, Board Meeting, Oct 26, 2016

Elgi Rubber Company Limited, Board Meeting, Oct 26, 2016. Agenda: To consider and approve the unaudited financial results of the company for the quarter and half year ended September 30, 2016.

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