Greaves Cotton Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Directors of Greaves Cotton Limited has approved the standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. The company reported a total income of ₹477.23 crores and a net profit of ₹38.56 crores for the quarter. For the half-year, total income stood at ₹933.73 crores, with a net profit of ₹75.11 crores. Additionally, the Board approved subscribing to a rights issue in Greaves Finance Limited for about ₹25 crores, further solidifying its financial position.