Elin Electronics Limited Announces Q1 Financial Results; Dissolves Risk Management Committee
Elin Electronics Limited released its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced a structural change regarding its internal governance mechanisms following the board meeting held on August 6, 2026.Governance Update
At the board meeting on August 6, 2026, Elin Electronics Limited decided to dissolve the Risk Management Committee, effective immediately. This decision was made after reviewing applicable requirements and determining that the company is not required to constitute a dedicated Risk Management Committee under the current regulatory framework. The Board of Directors will continue to oversee risk management functions as deemed appropriate.
Standalone Financial Performance
The unaudited standalone financial results for the quarter ending June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors. These results reflected significant events, including a fire incident at the company's manufacturing facility in Ghaziabad. The incident resulted in damage to inventory, property, plant, equipment, and the factory building. A loss of Rs 246.55 million was recognized under exceptional items in the standalone financial statements.
Furthermore, an exceptional item related to the impact of new Labour Codes amounting to Rs 7.42 million had been recognized against the results for the previous year ended March 31, 2026.
Key figures from the unaudited standalone financials are presented below:
| Particulars | Qtr Ended 30.06.2026 (Un-Audited) | Qtr Ended 31.03.2026 (Audited) | Qtr Ended 30.06.2025 (Un-Audited) | Qtr Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 2,633.57 million | 2,377.61 million | 2,340.13 million | 9,879.48 million |
| Total Income | 2,774.20 million | 2,460.11 million | 2,434.29 million | 10,228.63 million |
| Total expenses | 2,791.90 million | 2,478.53 million | 2,315.02 million | 9,940.02 million |
| Profit/(Loss) before tax | (17.70) million | (18.42) million | (5.90) million | 119.27 million |
| Profit/(Loss) after tax | (198.94) million | (1.73) million | 88.69 million | 213.28 million |
Consolidated Financial Performance
The unaudited consolidated financial results for the quarter ending June 30, 2026, were also approved by the Board of Directors. The Grouping is engaged in a single segment of manufacturing of Electronics Manufacturing Services.
In the consolidated view, the fire incident loss was recognized at Rs 246.55 million under exceptional items. Additionally, the impact of new Labour Codes amounted to Rs 9.14 million as an exceptional item related to the previous year ended March 31, 2026.
Key figures from the unaudited consolidated financials are summarized below:
| Particulars | Qtr Ended 30.06.2026 (Un-Audited) | Qtr Ended 31.03.2026 (Audited) | Qtr Ended 30.06.2025 (Un-Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 3,548.02 million | 3,166.63 million | 2,887.62 million | 12,591.39 million |
| Total Income | 3,652.82 million | 3,253.04 million | 2,984.76 million | 12,952.85 million |
| Total expenses | 3,690.43 million | 3,270.13 million | 2,858.09 million | 12,647.23 million |
| Profit/(Loss) before tax | (37.61) million | (17.09) million | (6.60) million | 305.62 million |
| Profit/(Loss) after tax | (214.14) million | (2.75) million | 93.92 million | 225.91 million |
The results for the quarter ending March 31, 2026, represent balancing figures between audited full year data and nine months unaudited published figures up to December 31, 2025.
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