Elitecon FY26 profit rises 3x to Rs 185 crore on strong revenue growth

New Delhi, Sep 28 (PTI) Elitecon International Ltd, a diversified FMCG enterprise, has reported over a 3-fold jump in its consolidated net profit to Rs 185.06 crore in FY26, driven by strong revenue growth and consolidation of its subsidiaries.

The company had reported a net profit of 69.65 crore in FY25, according to a regulatory filing.

In FY26, revenue from operations surged nearly 9 times to Rs 5,074.80 crore, compared to Rs 548.76 crore in the preceding fiscal, the company informed the stock exchanges on September 26.

Elitecon International Ltd delayed its audited financial results for the quarter and financial year ended March 31, 2026, primarily due to the finalisation of accounts and the consolidation of statements from both Indian and overseas

subsidiaries.

“The company together with its subsidiaries in India, the UAE and Singapore…Landsmill Agro and Sunbridge Agro are consolidated from 30 September 2025, the date on which the Group obtained control, and are not in the FY2024-25 comparatives,” it said.

In FY26, the company’s standalone revenue from operations increased five-fold to Rs 1,529.50 crore from the previous financial year, while net profit stood at Rs 13.09 crore.

“FY26 was a year of transformation for Elitecon. The group built an edible-oil and agro platform with the addition of Sunbridge Agro Private Ltd, which operates a refinery at Kandla, and Landsmill Agro Private Ltd at Mathura, bringing refining, storage, port-linked infrastructure and nationwide distribution into the group,” it said.

Headquartered in New Delhi, Elitecon International was incorporated in 1987 as Kashiram Jain & Company. It manufactures cigarettes, sheesha, smoking mixtures and allied tobacco products at Nashik, Maharashtra, and has expanded into edible oil and agro products through its refining and processing platform at Kandla and Mathura.

Through subsidiaries in the United Arab Emirates and Singapore, the Group trades FMCG and electronics products across the Middle East, Africa and ASEAN.

Share of Elitecon International Ltd settled at Rs 8.65 apiece, down 4.95 per cent, on the BSE on Monday. PTI KRH SHM