Greaves Cotton Q1FY27 results: Revenue up 30%, profit down on EV losses
GREAVESCOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 14.4 pts less than Nifty Microcap 250 and 13.3 pts less than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Greaves Cotton board approved Q1FY27 results. Consolidated revenue grew 30.6% YoY to Rs 974.12 cr, driven by Engines and Electric Mobility segments. However, consolidated PAT fell sharply to Rs 6.16 cr from Rs 20.85 cr on Electric Mobility segment losses of Rs 45.77 cr. Standalone revenue rose 16% to Rs 629.39 cr with PAT at Rs 49.84 cr. Board proposed Rs 2 per share final dividend. Company plans to invest up to Rs 331 cr in GEML rights issue.
Strong revenue growth but weak profits on EV losses. Dividend unchanged at Rs 2. Watch EV unit turnaround.