April 19, 2014 2:39 PM ET

Machinery

Company Overview of Elgi Rubber Company Limited

Company Overview

ELGI Rubber International Ltd. engages in rubber recycling, especially in tires and retreading and manufactures offers retreading and repair equipment used in the manufacturing of rubber. The company is based in Coimbatore, India.

Coimbatore,  

India

Founded in 2006

Key Executives for Elgi Rubber Company Limited

Chairman and Managing Director
Age: 55
Vice President of Finance
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2013.

Elgi Rubber Company Limited Key Developments

Elgi Rubber Company Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Elgi Rubber Company Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the standalone company reported net sales of INR 335.824 million against INR 375.018 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.618 million against INR 22.616 million a year ago. Profit from ordinary activities before tax was INR 58.38 million against INR 36.41 million a year ago. Net profit was INR 46.74 million against INR 25.015 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.93 against INR 0.50 a year ago. For the nine months, the standalone company reported net sales of INR 1,088.38 million against INR 1,070.42 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 77.67 million against INR 78.89 million a year ago. Profit from ordinary activities before tax was INR 146.24 million against INR 164.5 million a year ago. Net profit was INR 101.537 million against INR 120.702 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 2.03 against INR 2.41 a year ago. For the quarter, the consolidated company reported net sales of INR 1,108.042 million against INR 1,195.897 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 31.542 million against INR 109.02 million a year ago. Profit from ordinary activities before tax was INR 34.52 million against INR 95.305 million a year ago. Net profit was INR 4.508 million against INR 71.288 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.09 against INR 1.42 a year ago. For the nine months, the consolidated company reported net sales of INR 3,589.67 million against INR 3,598.816 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 177.608 million against INR 234.969 million a year ago. Profit from ordinary activities before tax was INR 161.91 million against INR 269.03 million a year ago. Net profit was INR 67.675 million against INR 184.244 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.35 against INR 3.68 a year ago.

Elgi Rubber Company Limited, Board Meeting, Jan 21, 2014

Elgi Rubber Company Limited, Board Meeting, Jan 21, 2014. Agenda: To consider unaudited standalone and consolidated earnings results for the third quarter and nine months ended September 30, 2013.

Elgi Rubber Company Limited to Report Q2, 2014 Results on Oct 21, 2013

Elgi Rubber Company Limited announced that they will report Q2, 2014 results on Oct 21, 2013

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