Quarterly Result4 Nov 2025, 05:02 pm
Greaves Cotton Reports Healthy Q2 & H1 FY26 Results with 16% YoY Revenue Growth
AI Summary
Greaves Cotton Limited has reported strong financial results for the period ended September 30, 2025. The company reported standalone revenue of ₹552 crore in Q2 FY26, with EBITDA of ₹78 crore and PBT of ₹75 crore. Standalone revenue grew 18% year-on-year, while EBITDA increased 32% year-on-year. For H1 FY26, standalone revenue stood at ₹1,092 crore, with EBITDA of ₹154 crore and PBT of ₹151 crore. The Automotive business recorded broad-based momentum, led by a 48% year-on-year increase. The genset business witnessed 24% growth and there was a continued momentum in non-automotive applications of our engines. Greaves Electric Mobility business reported growth in H1 FY26.
Key Highlights
- Greaves Cotton reported a 16% year-on-year growth in consolidated revenue for Q2 FY26, reaching ₹815 crore.
- Standalone revenue for Q2 FY26 was ₹552 crore, marking an 18% year-on-year growth.
- Standalone EBITDA margins expanded by 160 bps in Q2 FY26 and 210 bps in H1 FY26 on a year-on-year basis.
- The Engineering Business delivered robust growth of 31% in Q2FY26 and 30% in H1 FY26.
- Greaves Electric Mobility business reported growth in H1 FY26, with Electric Two-Wheeler (E2W) VAHAN volumes increasing 54% year-on-year.