GREAVESCOTBSEGreaves Cotton LtdHighNeutral
Announced Wed, 6 May · 15:49 IST

Please find attached herewith Financial Results for year ended 31st March 2026

Exceptional ItemPat Growth 25pctResults View source PDF

GREAVESCOT · price

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Price reaction · full curve 14 horizons · vs prior close
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₹173.50
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₹174.80
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AI summary

Greaves Cotton reported strong annual results for FY2025-26. Standalone revenue grew 19% to Rs 2,364.56 crore, while consolidated revenue increased 18% to Rs 3,435.52 crore. Standalone profit after tax rose 8% to Rs 200.07 crore, while consolidated profit attributable to owners jumped 83% to Rs 107.14 crore from Rs 58.40 crore (compared to a loss of Rs 6.28 crore in the previous year). The company recorded an exceptional item of Rs 15.98 crore for impairment of tangible and intangible assets due to adverse changes in project execution and customer demand. An additional Rs 19.26 crore provision was made for new labour codes. The Electric Mobility segment continued to report losses of Rs 182 crore (improved from Rs 223 crore last year). Auditors issued unmodified opinions for both standalone and consolidated results.

Likely market impact

The stock shows solid revenue growth and significantly improved profitability, though the Electric Mobility segment remains a drag on consolidated earnings. The asset impairment and labour code provisions represent one-time hits that may concern risk-aware investors. Cash generation remains strong with Rs 347.57 crore operating cash flow in standalone results.