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Greaves Cotton Limited has announced a board meeting outcome highlighting its unaudited financial results for the quarter and nine months ended December 31, 2024. Standalone revenue from operations reached ₹502.22 crore, with a profit after tax of ₹48.95 crore, a decrease from ₹87.70 crore in the previous year. The consolidated results showed a revenue of ₹762.24 crore, yielding a profit of ₹6.68 crore amid ongoing challenges in its Electric Mobility division. Additionally, the board approved the appointment of Mrs. Kavita Nair as an independent director, potentially strengthening its governance. This mix of results may evoke a cautious sentiment among investors due to declining profits while welcoming potential enhancements in leadership.