Greaves Cotton Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board meeting held on May 6, 2026. The company reported a significant increase in standalone revenue from operations, which rose to ₹697.55 Crores in the current quarter from ₹573.41 Crores in the corresponding quarter of the previous year, representing a year-over-year (YoY) growth of 21.65%. Profit for the period also saw a notable change, decreasing to ₹47.75 Crores from ₹61.81 Crores in the same period last year, a YoY decline of 22.75%. On a quarter-over-quarter (QoQ) basis, revenue increased by 21.35% from ₹574.81 Crores, while profit rose by 10.79% from ₹43.10 Crores. Additionally, the Board recommended a final dividend of ₹2 per share (100%) for the financial year.

Greaves Cotton Limited is a diversified multi-product and multi-location engineering company with a rich heritage in India. The company operates across several segments, including Engines, Electric Mobility, and Cables & Control Levers. Recently, the company has been expanding its footprint in the electric vehicle (EV) sector through its subsidiary, Greaves Electric Mobility, and has strengthened its control components business by increasing its stake in Excel Controlinkage Private Limited to 80%. For the financial year 2025-26, the company demonstrated resilience by maintaining steady dividend payouts and investing in future growth areas despite facing exceptional costs related to impairment and legislative changes in labor codes.