Greaves Cotton's Q1 FY 2026-27 Quarterly Results

Result Summary

• Greaves Cotton Ltd reported a 2.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 29.0%.
• Its expenses for the quarter were down by 1.2% QoQ and up 33.1% YoY.
• The net profit increased 180.0% QoQ and decreased 70.5% YoY.
• The earnings per share (EPS) of Greaves Cotton Ltd stood at 1.1 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Greaves Cotton Ltd is a diversified engineering company that operates primarily in the manufacturing and distribution of engines, engine applications, and related products. The company is known for its involvement in the automotive and engineering sectors, providing diesel, petrol, and CNG engines for a range of applications, including automotive and non-automotive sectors. Greaves Cotton Ltd has established a significant presence in India and serves various industries, including agriculture, construction, and power. As of the last available data, the company has been focusing on expanding its product offerings and enhancing its technological capabilities to meet evolving market demands.

Revenue

The financial performance of Greaves Cotton Ltd for Q1FY27 indicates a total income of ₹985.06 crores, compared to ₹1013.36 crores in Q4FY26, reflecting a quarter-over-quarter (QoQ) decrease of 2.8%. When compared to Q1FY26, where the total income was ₹763.47 crores, there is a year-over-year (YoY) increase of 29.0%. These figures highlight the company's revenue trajectory over the past quarters. The decline in revenue from the previous quarter contrasts with the significant growth observed on a yearly basis, indicating variability in the company's revenue streams.

Profitability

In terms of profitability, Greaves Cotton Ltd recorded a profit before tax (PBT) of ₹27.05 crores for Q1FY27, slightly down from ₹27.63 crores in Q4FY26, marking a QoQ decrease of 2.1%. Compared to Q1FY26, where PBT stood at ₹43.02 crores, there is a YoY decline of 37.1%. The profit after tax (PAT) for Q1FY27 was ₹6.16 crores, showing a substantial QoQ increase of 180.0% from ₹2.20 crores in Q4FY26, but a significant YoY decrease of 70.5% from ₹20.85 crores in Q1FY26. The earnings per share (EPS) for Q1FY27 was ₹1.10, which shows a 14.6% increase from the previous quarter's ₹0.96, yet represents a 22.5% decrease from the ₹1.42 reported in Q1FY26. These changes in profitability metrics suggest variations in the company's financial performance across different periods.

Operating Metrics

The total expenses for Greaves Cotton Ltd in Q1FY27 were ₹958.01 crores, compared to ₹969.75 crores in Q4FY26, indicating a decrease of 1.2% QoQ. When compared to Q1FY26, where total expenses were ₹719.93 crores, there is a notable YoY increase of 33.1%. The tax expense for Q1FY27 was ₹20.89 crores, which is 17.9% lower than the ₹25.43 crores reported in Q4FY26, and 5.8% lower than the ₹22.17 crores in Q1FY26. These figures illustrate the company's cost management strategies and tax liabilities over time. The relationship between income, expenses, and taxes highlights the operational dynamics and financial strategy of the company during the specified periods.