Greaves Cotton Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting
30-07-2025 | 01:01 pm
30-07-2025 | 01:01 pm
Greaves Cotton's Board met, delivering strong Q1 FY26 consolidated financial results. Revenue from Operations surged to Rs 745.43 Cr from Rs 639.70 Cr YoY, while net profit for owners jumped to Rs 33.09 Cr from Rs 10.32 Cr. Key updates include Greaves Electric Mobility's IPO moving closer, with SEBI issuing its final observation letter. GEML also repaid a significant Rs 61.04 Cr loan and interest. The Board welcomed Mr. Jehangir Ardeshir as a new Independent Director for five years, pending shareholder approval, as Mr. Firdose Vandrevala will resign in October due to age.
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