Greaves Cotton Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of Rs. 2 per share, reflecting a 100% payout on the face value. The company reported strong growth, with standalone annual revenue reaching Rs. 2,364.56 crore, while consolidated annual revenue rose to Rs. 3,436.62 crore, demonstrating consistent operational performance across its business segments.
Financial Highlights for FY 2026
For the financial year ended March 31, 2026, Greaves Cotton reported a standalone revenue from operations of Rs. 2,364.56 crore, up from Rs. 1,988.02 crore in the previous year. The standalone net profit for the year stood at Rs. 200.07 crore. On a consolidated basis, the company achieved an annual revenue of Rs. 3,436.62 crore, compared to Rs. 2,918.44 crore in the prior year, with a consolidated net profit of Rs. 35.29 crore.
Dividend Announcement
The Board of Directors has recommended a final dividend of Rs. 2 per equity share (100%) on the face value of Rs. 2 each for the financial year ended March 31, 2026. This dividend is subject to approval by the shareholders at the upcoming Annual General Meeting and, if approved, will be payable within 30 days of the meeting date.
Operational Performance and Strategic Investments
The company continued its strategic expansion throughout the year, notably increasing its stake in Excel Controlinkage Private Limited to 80% as of August 12, 2025. Additionally, the Group’s subsidiary, Greaves Electric Mobility Limited, further bolstered its position by acquiring a 16.41% equity stake in MLR Auto Limited. These investments reflect the company’s commitment to strengthening its diverse portfolio in engines, electric mobility, and control systems.
Segment Breakdown
The company’s consolidated results highlight strong revenue contributions from its core engines segment, which generated Rs. 2,241.39 crore, and its electric mobility division, which recorded Rs. 786.19 crore for the year. Despite the impact of an impairment provision of Rs. 15.98 crore related to certain assets under development, the overall operational results remain resilient, supported by growth across key business verticals.
Source: BSE
