Greaves Cotton on Wednesday reported a consolidated net profit of ₹24 crore for the quarter ended March 2025, registering a multifold jump from ₹2.6 crore in the same quarter last year.
Consolidated revenue rose 22.3% to ₹822.8 crore compared to ₹672.5 crore a year ago, while consolidated EBITDA nearly doubled—up 92.8% YoY—to ₹45.7 crore.
The EBITDA margin improved to 5.6% from 3.5% in the year-ago quarter, indicating better operational efficiency.
The company’s board has recommended a final dividend of ₹2 per equity share (100%) on the face value of ₹2 each for the financial year ended March 2025, subject to shareholders’ approval.
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Following the results, shares of Greaves Cotton surged to an intraday high of ₹209.35, up 10.5% from the previous close of ₹189.40. At 1:32 PM, the stock was trading at ₹203.80 on the BSE, up ₹14.40 or 7.60%.
First Published: Apr 30, 2025 1:49 PM IST
