Yes, Elofic Industries is a profitable company. Looking at the past statistics of the company, it has performed well. Each year, the revenue and the net profit of the company are increasing. The company reported 26% growth in its revenue to 325 Crores in F22 from 262 Crores last year. Company reported a massive increase in its net profit by 58.58% to 40 crore in F22 from 25 crore in F21.