GREAVESCOTBSEGreaves Cotton LtdHighPositive
Announced Wed, 6 May · 15:56 IST

Please find attached intimation for dividend

Corporate Actions View source PDF

GREAVESCOT · price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹173.50
prior close
₹174.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.0-4.2-3.8-4.5-1.0+2.3-2.5-4.0-4.5-7.3+4.6+8.1+28.4
Up moveDown movePending
AI summary

Greaves Cotton Limited's Board recommended a dividend of Rs. 2 per share (100% on face value of Rs. 2 each) for FY 2025-26, totaling Rs. 46.58 crore. This is unchanged from the previous year's dividend. Standalone revenue grew 19% to Rs. 2,364.56 crore with profit after tax of Rs. 200.07 crore (up 7.6% YoY). Consolidated revenue rose 18% to Rs. 3,435.52 crore with PAT of Rs. 35.29 crore, recovering from a loss of Rs. 6.28 crore in the prior year. The Electric Mobility segment continues to incur losses (Rs. 182 crore for the year), while the Engines segment drove growth with Rs. 376.59 crore profit.

Likely market impact

The unchanged dividend at Rs. 2 per share signals financial stability despite challenging conditions in the EV business. The strong standalone performance and return to consolidated profitability are positive signals for investors focused on core business metrics.