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GET THE LATEST NEWS HERE!

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THE HINDU

Elgi Equipments net rises almost 40% to โ‚น72 crore

05th November 2022

Consolidated sales at โ‚น739 crore compared with โ‚น652 crore in the year-earlier period. Compressor manufacturer Elgi Equipment consolidated profit after tax for the second quarter rose almost 40% to โ‚น72 crore

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PEOPLE MATTERS

ELGi Equipmentsโ€™ Jairam Varadaraj calls for women-centric initiatives to achieve gender parity in STEM

28th September 2022

Women-centric industry-academia collaboration is needed to bridge the gender gap in heavy industries, where the working environment isn't as luxurious as IT.

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BUSINESS LINE

Elgi Equipments cautiously optimistic about achieving FY26 targets

19th September 2022

Elgi Equipments Ltd. has revised its revenue target upwards for FY26 under its strategic business plan as the leading air compressor manufacturer sees a positive growth outlook based on the current market conditions amid challenges associated with commodity inflation and the Ukraine war.

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HR KATHA

How ELGi works out a scientific compensation model for blue-collared workers

2nd September 2022

The compensation framework reduces conflicts between the trade unions and the management

ELGi Equipment, a global manufacturer of air compressors has adopted a scientific way of calculating the compensation for its more than 370 blue-collared employees in India. The Companyโ€™s compensation framework takes into account the needs and aspirations of blue-collared employees.

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FMT MAGAZINE

Role of Oil-free Air Compressors in Food Safety

23 August 2022

With the growing demand for modernization and mechanization in todayโ€™s competitive world, the food industry is under severe pressure to increase productivity with the least human touch points. Since the pandemic unleashed its devastating severity on human lives, the food industry also suffered as companies had to remain closed on account of human casualties and on the restriction of human movements, which emphasized the need for automated plants more than ever before.

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THE TIMES OF INDIA

Elgi Equipments reports 300% rise in quarterly profits

16 August 2022

CHENNAI: Elgi Equipments, the manufacturer of air compressors, reported a profit of Rs 48.7 crore for the April-June quarter compared to Rs 12 crore in the same period last fiscal year owing to strong growth in sales.

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ET-HR WORLD

Case Study: How a compensation model ensured zero attrition in this company

26 July 2022

The Elgi Blue-Collar Compensation Model is a framework to calculate wages scientifically by taking into account workers' needs and aspirations. Elgi's HR team partners with the factory worker representatives to decide on a 'cost of living basket' of goods.

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INDIAN TEXTILE JOURNAL

Oil Lubricated Screw Air Compressors are ideal for the textile industry

25 July 2022

ELGi is a global leader in providing sustainable compressed air solutions. ELGi designs and manufactures an extensive range of innovative and technologically advanced compressed air solutions for a variety of industry applications.

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OEM UPDATE

ELGi is heading to be worldโ€™s favorite Compressor maker

09 June 2022

ELGi, a pioneer in cutting-edge compressed air technology across over 120+ countries, offers a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-lubricated oilfree reciprocating compressors and centrifugal compressors to dryers, filters, and downstream accessories.

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THE HINDU

Elgi Equipments revenue up 31%

16 May 2022

The company will make corrections in prices to recover fully the high raw material and freight costs, it said

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