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Business Standard
31-07-2025
- Business
- Business Standard
Greaves Cotton spurts after Q1 PAT soars 221% YoY
Greaves Cotton surged 13.32% to Rs 239.55 after the company's consolidated net profit surged 220.64% to Rs 33.09 crore on 16.53% increase in net sales to Rs 745.43 crore in Q1 June 2026 over Q1 June 2025. Consolidated operating Profit Before Tax (PBT) surged 185% year-on-year to Rs 44 crore in Q1FY26. EBITDA rose by 109% YoY to Rs 57 in Q1FY26, and EBITDA margin improved to 7.6% from 4.3% a year ago, driven by operational efficiency, strong product demand, and sustained innovation. On a sequential basis, however, revenue dipped 9% compared to Q4 FY25, even as EBITDA grew 24% and operating PBT rose 62%. Lower raw material costs (RMC at 64.9% vs 67.4% YoY) and improved cost efficiencies helped lift operating performance. Parag Satpute, MD and Group CEO, Greaves Cotton said, "Our Q1 FY26 results highlight the strength of our diversified and resilient business model and our unwavering commitment to operational excellence. Our core business continued to be strong & growing with engines & gensets doing well. Exports continue to be a growing contributor, making up for 14% of our revenues in this quarter. We continue to serve key sectorsranging from automotive, to marine, agriculture, construction and firefighting, through a robust portfolio of fuel-agnostic engines, and our genset solutions power diverse sectors such as residential & commercial, hospitality, manufacturing, educational institutions, BFSI, retail, & more. We remain committed to meeting evolving customer needs, with versatile fuel-agnostic solutions, and building a resilient, future-ready organisation." Looking ahead, Greaves Cotton said it is well-placed to capitalise on growth opportunities in engineering applications and mobility. The company is actively investing in R&D, digitalisation, and global market expansion to fuel its next phase of growth. Greaves Cotton Limited (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business unitsGreaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves TechnologiesGreaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers.
Time of India
31-07-2025
- Automotive
- Time of India
Greaves Cotton Q1 revenue rises 22% to ₹541 cr; engineering arm, EV division fuel momentum
Greaves Cotton Limited (GCL) has reported a 22 per cent year-on-year (YoY) jump in standalone revenue at ₹541 crore for the quarter ended June 30, 2025, on the back of strong growth in its engineering and electric mobility segments . The Pune-headquartered engineering company also posted a 51 per cent rise in EBITDA at ₹76 crore, with margin expansion of 270 basis points driven by operational efficiencies. At the consolidated level, revenue stood at ₹745 crore, while profit before tax (PBT) came in at ₹44 crore. The firm's EV arm, Greaves Electric Mobility , contributed ₹137 crore buoyed by the sustained market demand for the Magnus Neo e-scooter. 'The results highlight the strength of our diversified and resilient business model,' said its Managing Director and Group Chief Executive Officer, Parag Satpute. He reaffirmed the company's commitment to investing in R&D and new product innovation. The engineering business saw a 30 per cent YoY growth, with automotive engines rising 46 per cent and genset sales climbing 30 per cent. The company highlighted strong export momentum, which contributed 14 per cent of its total revenue during the quarter. The company continues to focus on fuel-agnostic engines and genset solutions catering to diverse sectors including marine, construction, and hospitality. GCL's combined revenue, including subsidiary Excel, stood at ₹601 crore, with EBITDA at ₹91 crore. Looking ahead, the company is banking on application engineering, mobility expansion and sustainability initiatives — including 5.1 million units of clean energy generated annually from solar — to power its next growth phase.
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Business Standard
31-07-2025
- Business
- Business Standard
Greaves Cotton zooms 20% in two days on posting 220% jump in Q1 profit YoY
Greaves Cotton shares zoomed 15.6 per cent, logging an intra-day high at ₹244.55 per share on BSE. In two trading sessions, the stock jumped nearly 20 per cent after posting healthy Q1 results. At 12:17 PM, Greaves Cotton share price was trading 13.15 per cent higher at ₹239.2 per share on BSE. In comparison, the BSE Sensex slipped 0.09 per cent to 81,407.62. The market capitalisation of the company stood at ₹5,589.35 crore. The 52-week high of the company stood at ₹319.5 per share, and the 52-week low was at ₹153.25. FOLLOW STOCK MARKET LIVE UPDATES TODAY Greaves Cotton Q1 results In Q1, Greaves Cotton reported a 220 per cent jump in consolidated adjusted net profit at ₹33.09 crore, as compared to ₹10.32 crore a year ago. The revenue for the quarter under review stood at ₹745.43 crore, as compared to ₹639.7 crore a year ago, up 16.4 per cent. 'Our Q1 FY26 exports continue to be a growing contributor, making up for 14 per cent of our revenues in this quarter. We continue to serve key sectors—ranging from automotive, to marine, agriculture, construction and firefighting, through a robust portfolio of fuel-agnostic engines, and our genset solutions power diverse sectors such as residential and commercial, hospitality, manufacturing, educational institutions, BFSI, retail, and more. We remain committed to meeting evolving customer needs, with versatile fuel-agnostic solutions, and building a resilient, future-ready organisation," said Parag Satpute, MD and Group CEO, Greaves Cotton. About Greaves Cotton Limited Greaves Cotton Limited (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Originally renowned for its single-cylinder diesel engines, the company has transformed into a fuel-agnostic, end-to-end mobility solutions provider, driven by the purpose of touching a billion lives by 2030 and enabling a sustainable transition to green mobility.
