Greaves Cotton Limited Announces Q1 FY2026 Financial Results; Highlights Include Segmental Revenue and New Investments

Greaves Cotton Limited Announces Q1 FY2026 Financial Results; Highlights Include Segmental Revenue and New Investments

Greaves Cotton Limited Announces Q1 FY2026 Financial Results; Highlights Include Segmental Revenue and New Investments​

Greaves Cotton Limited released its Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The Board of Directors considered and approved the financial results following a review by Price Waterhouse Chartered Accountants LLP.

The company reported various operational updates during the quarter, including investments in wholly-owned subsidiaries, participation in a rights issue of a subsidiary, and the incorporation of a new international entity.

Q1 FY2026 Financial Performance Summary​

The Standalone Results for the quarter ended June 30, 2026, show key figures across various operational areas, while the Consolidated Results reflect the performance of the Group as a whole.

A summary of the comparative financial data is presented below:

Standalone Unaudited Financial Results (Q1 FY2026)
ParticularsJune 30, 2026March 31, 2026June 30, 2025March 31, 2016
Revenue from Operations1129.39697.55540542.364.56
Total Income (I+II)640.57710.88553.392,409.59
Total Expenses571.57624.20477.012,097.30
Profit before exceptional items and tax (I-IV)67.00116.6876.38311.1
Net Profit for the period/year67.0070.7076.38276.98

Consolidated Unaudited Financial Results (Q1 FY2026)
The Group reported total revenues of 974.12 against 745.43 in the preceding year for the quarter ended June 30, 2025. The Consolidated results stand as follows:

ParticularsJun 30, 2026 (Unaudited)March 31, 2026 (Ref Note J)June 30, 2025 (Unaudited)March 31, 2026 (Audited)
Revenue from Operations974.121000.26745.433,436.62
Total Income (II+III)985.061013.36763.472,486.61
Total Expenses958.01969.75719.993,331.36
Profit before exceptional Items and tax (III-IV)27.0543.614354154.25

Segmental Results​

The Group structure includes multiple segments. The segment-wise results for the quarter ended June 30, 2026, are provided in the table below:

Segment Revenue and Results (Q1 FY2026)
SegmentEngines and Engineering ProductsElectric Mobility & Other VehiclesVehicle FinanceTotal
Revenue70531269.8214.07989.20
Segment Results (Profit before tax)106.28(45.77)4.3764.88

Corporate Updates and Investments​

The company reported several operational developments:

  • Investment in Subsidiary: The Parent Company made an investment of 50 crores into its wholly owned subsidiary, Greaves Finance Limited, through a subscription to the equity shares offered on a rights basis.
  • Subsidiary Rights Issue: A meeting held on July 9, 2026, saw the Board of Directors approve the Parent Company's participation in the proposed rights issue of its material subsidiary, Greaves Electric Mobility Limited (GEML), to fully subscribe its entitlement up to approximately Rs. 331 crores.
  • New Entity Incorporation: The Parent Company incorporated a wholly owned subsidiary, 'Greaves International Trading FZE' in Dubai, United Arab Emirates during the quarter.

In addition, the Board of Directors had previously approved a proposed final dividend of Rs. 2 per share on the face value of Rs. 2 each on May 6, 2026.

GREAVESCOT Stock Price Movement​

Shares of Greaves Cotton Limited are shedding value in live trading as of 1:57 PM, dropping 6.48% and currently standing at ₹217.59. The stock has seen significant volume throughout the session, with over 1.93 million shares exchanged so far.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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