Auto Parts & Equipment company Greaves Cotton announced Q3FY25 results Consolidated revenue for the company stood at Rs 751 crore in Q3 grew by 13% YoY. In Q3FY25, GCL standalone reported revenue of Rs. 502 crore grew by 13% YoY. Greaves Engineering and Retail segments witnessed solid growth of 14% and 13%YoY respectively, in Q3FY25. Excel revenue for the company stood at Rs 69 crore. GEML revenue amounted to Rs 184 crore in Q3, contributing positively to the overall performance. Nagesh Basavanhalli, Non-Executive Vice Chairman, Greaves Cotton, said: “Greaves is driving transition to a more sustainable and inclusive economy through fuel-agnostic solutions and a digitally integrated, customer-focused approach. By embracing innovation and delivering smart, sustainable solutions, we aim to empower lives and create long-term value for all stakeholders.” Akhila Balachandar, Chief Financial Officer, Greaves Cotton, said: “Our Q3FY25 results reflect the strength of our diversification strategy, with the Engineering and Retail segments achieving remarkable growth of 14% and 13% respectively.” Result PDF
Conference Call with Greaves Cotton Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.