Elitecon Expands Overseas Trading Operations and Edible-Oil Capacity

Elitecon International Limited is expanding its trading business across the Middle East, Africa, and ASEAN while increasing edible-oil processing capacity in India. The company's consolidated revenue from operations rose to ₹5,074.80 crore in FY26, a significant increase from ₹548.76 crore a year earlier.

The company's trading subsidiaries in the United Arab Emirates and Singapore completed a full year of operations in FY26 and handle international FMCG and electronics trading. Elitecon is also considering joint ventures with overseas partners to broaden its FMCG operations.

Managing Director Pradeep Kumar stated that the group enters the new year with a stronger board and leadership team, prioritizing expanding tobacco and edible-oil capacity and developing international partnerships.