Greaves Cotton Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Greaves Cotton reported consolidated revenue of INR975 crores in Q1 FY27, up 31% year-on-year, with core businesses growing 16%. Management attributed margin pressure during the quarter to purposeful investments under the Greaves.Next strategy and higher commodity costs following geopolitical developments in West Asia. Greaves Electric Mobility reported 101% year-on-year volume growth and completed a rights issue of INR530 crores subscribed by GCL and Abdul Latif Jameel.
Greaves Cotton reported consolidated revenue growth of 22% year-on-year for Q4 FY26, with consolidated revenue for the full year at INR 3,437 crores, up 18% year-on-year. Management described growth across Energy Solutions, Mobility Solutions and Industrial Solutions segments, along with a 51% year-on-year volume growth at Greaves Electric Mobility and an increase in EV market share to 4.4% in FY26. The company also recorded an impairment provision of about INR 16 crores related to an ePowertrain technology investment that had not scaled up as expected.