Please find attached herewith outcome of Board Meeting
GREAVESCOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Greaves Cotton Limited reported audited results for FY ended March 31, 2026. Consolidated revenue grew 17.7% to Rs. 3,435.52 crore from Rs. 2,918.44 crore, while standalone revenue increased 18.9% to Rs. 2,364.56 crore. Consolidated PAT turned positive at Rs. 35.29 crore versus a loss of Rs. 6.28 crore in the previous year. However, the company faced significant exceptional items totaling Rs. 38.82 crore (impairment of assets Rs. 15.98 crore, labour code provision Rs. 19.26 crore, land use regulation fee Rs. 3.58 crore). The board recommended a dividend of Rs. 2 per share (100%). Auditors issued unmodified opinions on both standalone and consolidated results. The Electric Mobility segment continues to incur losses (Rs. 182.01 crore loss for FY26) despite improvement from previous year.
Revenue growth is healthy but below 20%; PAT recovery from consolidated loss is positive but growth driven largely by reduced exceptional losses. The Electric Mobility segment remains a drag on consolidated profitability.