Greaves Cotton Limited — Updates, 23-01-2025: Press Release

Consolidated revenue for Greaves Cotton Limited reached ₹751 crore for the quarter, reflecting a 13% year-on-year growth. Standalone revenue also grew by 13%, amounting to ₹502 crore. The Engineering and Retail segments reported significant increases of 14% and 13% respectively. Greaves Electric Mobility contributed ₹69 crore, while GEML’s performance boosted revenues further with ₹184 crore.

The company’s fuel-agnostic strategy and diversification have strengthened its market position, with strong performances across segments indicative of a positive outlook. Greaves showcased its innovative solutions at Auto Expo 2025, reaffirming its commitment to sustainable mobility with advancements in electric vehicles and hydrogen technology. As the company progresses into 2025, it remains focused on fostering growth amid market uncertainties, positioning itself as a leader in India’s evolving mobility landscape, thus presenting potential growth opportunities for investors.