Greaves Cotton Ltd

Greaves Cotton has approved a further investment of approximately Rs. 50 crore in its wholly owned subsidiary, Greaves Finance, by way of subscription to the equity shares offered on a rights basis.

Net profit of Greaves Cotton declined 6.28% to Rs 22.54 crore in the quarter ended March 2026 as against Rs 24.05 crore during the previous quarter ended March 2025. Sales rose 21.56% to Rs 1000.26 crore in the quarter ended March 2026 as against Rs 822.83 crore during the previous quarter ended March 2025. For the full year,net profit rose 83.46% to Rs 107.14 crore in the year ended March 2026 as against Rs 58.40 crore during the previous year ended March 2025. Sales rose 17.76% to Rs 3436.62 crore in the year ended March 2026 as against Rs 2918.44 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1000.26822.83 22 3436.622918.44 18 OPM %6.825.56 -6.964.65 - PBDT71.2952.10 37 263.04174.11 51 PBT43.6126.83 63 154.2570.63 118 NP22.5424.05 -6 107.1458.40 83 Powered by Capital Market - Live

Greaves Cotton announced that the Board of Directors of the Company at its meeting held on 6 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 6 May 2026.

Following the recommendation of the Nomination and Remuneration Committee and Audit Committee, the company has approved the appointment of Manish Poddar as Group Chief Financial Officer and Key Managerial Personnel, effective the same date. Poddar brings over 25 years of experience in finance, treasury, investor relations, governance, and strategic business partnering. He has previously served as CFO of GMM Pfaudler and GreenCell Mobility, and held senior finance leadership roles at Diversey India Hygiene, Ranbaxy/Sun Pharmaceutical Industries, and Louis Dreyfus India. He is a Chartered Accountant, holds an Executive MBA in Finance, and a Bachelor's degree from the University of Delhi. Greaves Cotton (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business units'Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies'Greaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers. The company's consolidated net profit jumped 22.53% to Rs 25.50 crore on 16.63% increase in net sales to Rs 875.47 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

The board of Greaves Cotton at its meeting held on 13 March 2026 has accepted the resignation of Akhila Balachandar from the position of chief financial officer with effect from 19 March 2026. The board also approved the appointment of Manish Poddar as the group chief financial officer of the company with effect from 19 March 2026. Powered by Capital Market - Live

Net profit of Greaves Cotton rose 22.54% to Rs 25.50 crore in the quarter ended December 2025 as against Rs 20.81 crore during the previous quarter ended December 2024. Sales rose 16.64% to Rs 875.47 crore in the quarter ended December 2025 as against Rs 750.60 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales875.47750.60 17 OPM %7.105.29 - PBDT64.1748.16 33 PBT36.5722.43 63 NP25.5020.81 23 Powered by Capital Market - Live

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

Ligier is one of Europe's most recognised manufacturers of light & heavy quadricycles. The company reported a turnover of euro 192 million in 2024. Through this collaboration, Greaves has developed 499cc REVO D+ diesel engines certified to Euro V+ standards, to power Ligier's new models. The 499cc REVO D+ single-cylinder, 4-stroke diesel engines with electronic fuel injection are designed for the light quadricycle, L6e category of vehicles. These engines, developed and manufactured at the Greaves state-of-the-art facility in Chhatrapati Sambhajinagar, continue to be integrated into Ligier's vehicles retailed across France, Italy, Spain, Germany, Austria, Portugal, the Netherlands, Belgium, Luxembourg, Norway, Sweden, Latvia, Greece, Lithuania, Estonia, and the Czech Republic. Parag Satpute, managing director and group CEO, Greaves Cotton, said, 'This partnership with Ligier is a proud milestone for Greaves Cotton, showcasing how a Made-in-India powertrain is driving European mobility solutions. It reflects our strong engineering capabilities, customer-centric approach, and commitment to delivering global quality standards from our Chhatrapati Sambhajinagar plant. As a trusted partner to OEMs worldwide, we continue to strengthen our comprehensive solutions driven approach that meet the demands of global OEMs for highest standards of performance, efficiency, and sustainability.' Christian Dujardin, CEO, Ligier Group, said: 'Our partnership with Greaves has been marked by outstanding collaboration and mutual trust. Together, we have succeeded in bringing to market the new 499cc REVO D+ engine - a modern, efficient, and reliable powertrain that perfectly meets today's market expectations, regulatory standards, and customer demands. We are proud of the quality and fluidity of our exchanges throughout this project, which have allowed us to combine innovation and performance. Our teams continue to work hand in hand on future developments to stay one step ahead of the competition and uphold Ligier's promise of always being at the forefront of innovation.' Greaves Cotton (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business units'Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies'Greaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers. The company's consolidated net profit surged 707.8% to Rs 26.01 crore on 15.6% increase in net sales to Rs 815.46 crore in Q2 FY26 over Q2 FY25. The scrip fell 0.59% to Rs 210.55 on the BSE.Powered by Capital Market - Live

Net profit of Greaves Cotton rose 707.76% to Rs 26.01 crore in the quarter ended September 2025 as against Rs 3.22 crore during the previous quarter ended September 2024. Sales rose 15.62% to Rs 815.46 crore in the quarter ended September 2025 as against Rs 705.31 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales815.46705.31 16 OPM %6.363.27 - PBDT57.4832.54 77 PBT30.536.11 400 NP26.013.22 708 Powered by Capital Market - Live