Greaves Cotton reports ₹751 crore revenue in Q3 FY25, records 13% Y-o-Y growth

Greaves Cotton saw a 13% increase in Q3 FY25, with notable growth in its engineering, retail, and subsidiary sectors.

Autocar Pro News Desk By Autocar Pro News Desk calendar 24 Jan 2025 Views icon2227 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Greaves Cotton reports ₹751 crore revenue in Q3 FY25, records 13% Y-o-Y growth

Greaves Cotton Limited, an Indian diversified engineering company, has announced consolidated revenue of ₹751 crore for the third quarter of fiscal year 2025, marking a 13% year-on-year (Y-o-Y) increase. Standalone revenue for the quarter stood at ₹502 crore, also reflecting a 13% Y-o-Y growth.

The company's Engineering and Retail segments reported Y-o-Y growth of 14% and 13%, respectively, during Q3 FY25. Subsidiaries also contributed significantly to the financial performance. Excel reported revenue of ₹69 crore, while Greaves Electric Mobility Limited (GEML) contributed ₹184 crore to the consolidated revenue.

At the Auto Expo 2025 – The Motor Show, Greaves Cotton showcased a range of fuel-agnostic engines, components, motion control systems, and powertrain technologies, including a hydrogen-powered engine. Greaves Electric Mobility displayed electric two- and three-wheeler concepts, including Ampere Nexus and Magnus variants, along with advanced charging solutions for two-wheelers.

Nagesh Basavanhalli, Non-Executive Vice Chairman, commented, “Greaves is driving transition to a more sustainable and inclusive economy through fuel-agnostic solutions and a digitally integrated, customer-focused approach.”

Chief Financial Officer Akhila Balachandar added, “Our Q3 FY25 results reflect the strength of our diversification strategy, with the Engineering and Retail segments achieving remarkable growth of 14% and 13%, respectively.”

As it moves into 2025, Greaves Cotton remains focused on long-term value creation and continued growth, aiming to navigate market uncertainties while leading India's evolving mobility and engineering landscape.

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