| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 750.60 | 6.4% |
| Total Income | 762.24 | 6.0% |
| Expenditure | 739.81 | 3.8% |
| PBT | 28.60 | 1480.1% |
| Net Profit | 6.68 | 146.6% |
| OPM | -1.59% | 4.46pp |
| NPM | 0.88% | 2.87pp |
| EPS | 0.90 | 542.9% |
Greaves Cotton Limited Reports Strong Q3 FY25 Performance: Fuel-Agnostic Strategy, Diversification, and Multi-Stream Revenue Drive Resilient Growth and Robust Margins
24 Jan 2025 · 24 Jan 2025, 03:46 am
Summary
Greaves Cotton Limited, a leading diversified engineering company in India, has reported strong financial results for the period ending December 31, 2024. The results reflect the company’s successful execution of its diversification strategy, fuel-agnostic approach, and commitment to building a sustainable and digitally integrated ecosystem, driving consistent growth and robust margins.
Key Highlights
- 1
Consolidated revenue for the company stood at ₹3751 crore in Q3, grew by 13% Y-o-Y
- 2
Greaves Engineering and Retail segments witnessed solid growth of 14% and 13%Y-o-Y respectively
- 3
Excel revenue for the company stood at ₹69 crore
- 4
GEML revenue amounted to ₹184 crore in Q3, contributing positively to the overall performance
Management Comments
Nagesh Basavanhalli
Greaves is driving transition to a more sustainable and inclusive economy through fuel-agnostic solutions and a digitally integrated, customer-focused approach. By embracing innovation and delivering smart, sustainable solutions, we aim to empower lives and create long-term value for all stakeholders.
Akhila Balachandar
Our Q3 FY25 results reflect the strength of our diversification strategy, with the Engineering and Retail segments achieving remarkable growth of 14% and 13% respectively.
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