Elitecon Eyes Regional Growth Through International FMCG Partnerships
Elitecon International Limited is expanding its reach in international FMCG and electronics trading across Middle East, Africa, and ASEAN markets. The company aims to form joint ventures with overseas companies to manufacture products abroad and bring global partners' capabilities to India. Pradeep Kumar, Managing Director of Elitecon, stated that the group will strengthen its presence across these regions and explore partnerships.
The company has reported a significant increase in revenue from operations for FY2025-26, reaching Rs 5,074.80 crore compared to Rs 548.76 crore in the previous year. Consolidated profit after tax also rose to Rs 185.06 crore against Rs 69.65 crore.
The acquisition of Sunbridge Agro and Landsmill Agro has given Elitecon exposure to the edible-oil and agro-processing value chain, including refining, storage, port-linked infrastructure, and distribution. The company is now expanding its refining and processing capacity at Kandla and Mathura facilities, as well as strengthening its storage infrastructure and distribution networks.