Greaves Cotton Q1 Net Profit Rises to ₹20.85 Crore, Revenue at ₹745.43 Crore

Greaves Cotton Limited reported a consolidated net profit of ₹20.85 crore for the quarter ended June 30, 2025, compared to a net loss of ₹16 lakhs in the same quarter last year. Revenue from operations stood at ₹745.43 crore, up from ₹639.70 crore year-on-year. The board also approved the appointment of Mr. Jehangir Ardeshir as an Additional Director and noted the resignation of Mr. Firdose Vandrevala as an Independent Director.

Q1 FY26 Consolidated Financial Results (in ₹ crore)
Metric	Q1 FY26	Q1 FY25	YoY Change	Q4 FY25
Revenue from Operations	745.43	639.70	+16.53%	822.83
Other Income	18.04	16.96	+6.37%	12.28
Total Income	763.47	656.66	+16.26%	835.11
Profit Before Tax	43.02	15.26	+181.91%	26.83
Tax Expense	22.17	15.42	+43.77%	25.30
Net Profit	20.85	-0.16	NA	1.53

Financial Performance

The company's consolidated revenue from operations for the quarter ended June 30, 2025, was ₹745.43 crore, an increase of 16.53% compared to ₹639.70 crore for the quarter ended June 30, 2024. Total income for the same period was ₹763.47 crore, up from ₹656.66 crore year-on-year.

Segment-Wise Revenue

Segment-Wise Revenue (in ₹ crore)
Segment	Q1 FY26	Q1 FY25	Q4 FY25
Engines	500.49	403.56	523.99
Electric Mobility & Other Vehicles	134.80	127.02	169.29
Cables & Control Levers	58.26	61.20	70.47
Others	51.88	47.92	59.08

Segment Results

Segment Results (in ₹ crore)
Segment	Q1 FY26	Q1 FY25	Q4 FY25
Engines	94.95	63.58	93.82
Electric Mobility & Other Vehicles	(40.51)	(43.00)	(69.61)
Cables & Control Levers	13.64	14.54	20.25
Others	(2.55)	(7.48)	(5.40)
Total	65.53	27.64	39.06

Appointment and Resignation of Directors

The Board of Directors approved the appointment of Mr. Jehangir Ardeshir as an Additional Director (Non-Executive, Independent Director) for a period of 5 years, effective from August 1, 2025, subject to shareholders' approval. Mr. Firdose Vandrevala resigned as an Independent Director, effective from the close of business hours on October 14, 2025.

Other Key Points

Greaves Electric Mobility Limited (GEML) repaid a loan of ₹42.67 crore and outstanding interest of ₹18.37 crore to MLR Auto Limited's financial investors.

GEML's proposed Initial Public Offering (IPO) has received final observation from SEBI, instructing rectification before filing the Offer Document.

Greaves Technologies Inc. (GTI) has been dissolved with effect from February 28, 2025.

Greaves Cotton Q1 Net Profit Rises to ₹20.85 Crore, Revenue at ₹745.43 Crore