GREAVES COTTON LTD.
P&L
Quarterly Consolidated
vs Q2 FY26
Greaves Cotton Reports 17% YoY Growth in Q3 & 9M FY26 Performance
06 Feb 2026 · 6 Feb, 3:15 pm
Summary
Greaves Cotton Limited, a leading diversified engineering company in India, reported a robust performance across all key metrics for the quarter and nine months ended December 31, 2025. The company reported a 17% year-on-year growth in Consolidated Revenue at ₹ 875 crore, with margins expanding by 180 bps in Q3FY26. The company also announced a ₹ 500-700 crore planned outlay to build core capabilities and support new products.
Key Highlights
- 1
17% year-on-year growth in Consolidated Revenue at ₹ 875 crore in Q3FY26
- 2
Margins expanded by 180 bps in Q3FY26
- 3
₹ 500-700 crore planned outlay to build core capabilities and support new products
- 4
Standalone revenue grew 14% year-on-year
- 5
33% year-on-year growth in PBT for 9M FY26
- 6
Steady demand across Energy, Mobility and Industrial Solutions
- 7
Energy Solutions revenue rose by 21% YoY in 9M FY26
- 8
Mobility Solutions delivered 15% YoY revenue growth in 9M FY26
- 9
Industrial Solutions progressed steadily, supported by demand from defence, marine, and special-purpose engine applications
- 10
International Business formed 14% of revenues in 9M FY26
- 11
Growing customer acceptance and continued dealer network expansion for GEML- VAHAN and GFL
Management Comments
Mr. Parag Satpute
Greaves Cotton’s robust performance in Q3 FY26 reflects the strong execution across all our businesses. We continue to see steady demand across our Energy, Mobility and Industrial Solutions, supported by momentum in international business, aftermarket growth and application-led innovation. I am pleased to share we remain firmly on track for our strategic priorities and through GREAVES.NEXT, we are strengthening our operating foundations, building strong customer partnerships and investing selectively to build a future-ready engineering company, while maintaining disciplined capital allocation.
Informational and educational content only. Not investment advice.