Elecon Engineering’s Q4 profit plunges 96 pc to Rs 6 crore on exceptional loss

IANS | April 15, 2026 3:31 PM

Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.

India and Germany agree to deepen cooperation in critical and emerging technologies, defence

IANS | April 15, 2026 1:34 PM

Berlin, April 15 (IANS) India and Germany held Foreign Office Consultations in Berlin and agreed to further deepen and diversify cooperation in areas of contemporary relevance, including critical and emerging technologies, defence, industrial collaboration, digital governance, renewable energy, green hydrogen, innovation, and development cooperation in third countries, the MEA said on Wednesday.