ALPHA TRIBE

Greaves Cotton LimitedBoard Meeting, 23-01-2025: Outcome of Board Meeting

23-01-2025 | 04:30 pm

The Board of Directors of Greaves Cotton Limited has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Key highlights include a standalone revenue from operations of ₹502.22 Cr for the quarter and ₹1,414.61 Cr for the nine months, with a net profit of ₹48.95 Cr. The consolidated results showed a revenue of ₹750.60 Cr for the quarter and ₹2,095.61 Cr for the nine months, resulting in a loss of ₹6.68 Cr. The board also appointed Mrs. Kavita Nair as an Additional Non-Executive Independent Director for five years.

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