The shares of Greaves Cotton Restricted had been buying and selling at ₹243.75 down by ₹4 or 1.61 per cent on the NSE right this moment at 11.25 am.
Greaves Cotton Restricted reported a sturdy monetary efficiency for the third quarter of fiscal 12 months 2025, with consolidated income rising 13 per cent year-on-year to ₹751 crore. The corporate’s standalone income reached ₹502 crore, pushed by sturdy development in its Engineering and Retail segments, which each expanded by 14 per cent and 13 per cent, respectively.
In the course of the Auto Expo 2025, the corporate highlighted its strategic pivot in direction of sustainable mobility, showcasing a spread of fuel-agnostic engines and electrical car applied sciences. The presentation of hydrogen-powered engines and progressive electrical two- and three-wheeler ideas beneath the Ampere model was notably noteworthy.
The corporate’s diversification technique seems to pay dividends, with subsidiary Excel contributing ₹69 crore to the quarterly income and Greaves Electrical Mobility Restricted (GEML) including ₹184 crore. The press launch additionally revealed that GEML is making ready for an preliminary public providing, having filed a draft pink herring prospectus with SEBI on December 23, 2024.
Nagesh Basavanhalli, Non-Govt Vice Chairman, emphasised the corporate’s dedication to driving sustainable financial transition by means of progressive, customer-focused options. As Greaves Cotton strikes into 2025, it stays targeted on long-term worth creation and navigating market uncertainties in India’s evolving mobility panorama.
