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Industrial Products
Quarterly Result11 May 2026, 03:06 pm

L.T. Elevator FY26 Revenue Crosses ₹111 Cr, Up 97% YoY

AI Summary

L.T. Elevator Ltd (BSE: 544518) announced its FY26 results, marking its first full financial year post-BSE SME listing. The company's topline revenue crossed ₹111 crore, a 97% year-on-year growth from FY25's ₹56.5 crore. FY26 also marks the first time the company's revenue has crossed ₹100 crore. The company's order book exceeds ₹250 crore. The merger with Ricardo Elevators is underway, with its financials expected to reflect in L.T. Elevator's consolidated numbers from FY27. Phase 1 of a ₹343 crore multi-level car parking project in Shillong has been completed.

Key Highlights

  • L.T. Elevator's FY26 topline revenue crossed ₹111 crore, up 97% YoY.
  • The company's order book exceeds ₹250 crore.
  • Merger with Ricardo Elevators is underway, to be reflected in FY27.
  • Phase 1 of ₹343 crore Shillong car parking project completed.
  • Ricardo Elevators generates ₹6 crore monthly order inflows.
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