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.
Auto Parts & Equipment company Greaves Cotton announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Consolidated revenue of Rs 705 crore, while standalone revenue saw a growth of 2%, reaching Rs 468 crore. Excel contributed Rs 61 crore to the quarterly revenue. H1FY25 Financial Highlights: consolidated revenue reached Rs 1,345 crore, with standalone revenue at Rs 912 crore a 7% YoY increase. EBITDA for H1FY25 stood at Rs 109 crore. Profit Before Tax (PBT) reaching Rs 106 crore on a standalone basis Akhila Balachandar, Chief Financial Officer, Greaves Cotton, says: “Our Q2FY25 results underscore the robustness of our diversification strategy and the momentum we are building across our businesses. Our performance in Retail, Engineering, and Excel, alongside the promising growth in Electric Mobility, reflects our agile approach to meeting diverse market demands. Our fuel-agnostic strategy continues to expand our reach and adaptability, reinforcing our confidence in the path we've charted. This momentum reaffirms our commitment to delivering consistent value for our stakeholders.” Result PDF