Greaves Cotton's Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- Greaves Cotton Ltd reported a 7.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.0%.
- Its expenses for the quarter were up by 6.5% QoQ and 14.5% YoY.
- The net profit decreased 6.3% QoQ and decreased 11.4% YoY.
- The earnings per share (EPS) of Greaves Cotton Ltd stood at 1.09 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 883.89 | 825.89 | 762.24 | 7.0% | 16.0% |
Total Expenses | 847.32 | 795.36 | 739.81 | 6.5% | 14.5% |
Profit Before Tax | 17.31 | 26.95 | 28.60 | -35.8% | -39.5% |
Tax | 11.39 | 20.63 | 21.92 | -44.8% | -48.0% |
Profit After Tax | 5.92 | 6.32 | 6.68 | -6.3% | -11.4% |
Earnings Per Share | 1.09 | 1.11 | 0.89 | -1.8% | 22.5% |
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 in multiple sectors, including automotive, non-automotive, retail, and e-mobility. The company is known for its production of engines, engine applications, and powertrain solutions. It also provides services related to the maintenance and manufacturing of equipment and machinery. The company has been expanding its portfolio to include electric mobility solutions, reflecting a shift towards sustainable energy sources. Major recent developments have included a focus on renewable energy and e-mobility, aligning with global trends towards sustainability and innovation. Detailed information regarding recent strategic initiatives or partnerships is not available within the provided data.
Revenue
During the third quarter of the fiscal year 2026, Greaves Cotton Ltd reported a total income of ₹883.89 crores. This represents a quarter-over-quarter increase of 7.0% from ₹825.89 crores in Q2FY26 and a year-over-year increase of 16.0% from ₹762.24 crores in Q3FY25. The consistent growth in total income over the periods under review suggests a robust performance in revenue generation. This increase could be attributed to the company's strategic focus on expanding its product lines and services, especially in the e-mobility segment, which is gaining traction in the market.
Profitability
The financial performance of Greaves Cotton Ltd in terms of profitability shows some areas of concern. The Profit Before Tax for Q3FY26 was ₹17.31 crores, a significant decrease of 35.8% quarter-over-quarter from ₹26.95 crores in Q2FY26 and 39.5% year-over-year from ₹28.60 crores in Q3FY25. Similarly, the Profit After Tax stood at ₹5.92 crores, marking a decline of 6.3% QoQ and 11.4% YoY. Earnings per Share were ₹1.09, which decreased by 1.8% QoQ but increased by 22.5% YoY. This mixed performance indicates variations in profitability metrics, with a notable reduction in profits despite an increase in revenue.
Operating Metrics
Total expenses for Greaves Cotton Ltd in Q3FY26 amounted to ₹847.32 crores, showing a 6.5% increase from ₹795.36 crores in Q2FY26 and a 14.5% rise from ₹739.81 crores in Q3FY25. The expenses have grown in line with the increase in revenue, suggesting operational scaling. The tax paid in the quarter was ₹11.39 crores, which decreased by 44.8% from the previous quarter and 48.0% from the previous year. This reduction in tax expenditure aligns with the decrease in profits. The interplay between revenue growth and rising expenses, along with the tax variations, presents a complex operating scenario that impacts financial outcomes.