Greaves Cotton Limited announced its financial performance for the year ended March 31, 2026. The company reported standalone revenue of ₹2,364.56 crore and a profit after tax of ₹200.07 crore. The Board of Directors has recommended a final dividend of ₹2 per share (100% of the face value) for the financial year, pending shareholder approval at the upcoming Annual General Meeting.
Annual Financial Highlights
For the financial year ended March 31, 2026, Greaves Cotton Limited achieved a strong financial performance. On a standalone basis, the company generated revenue from operations of ₹2,364.56 crore, compared to ₹1,988.02 crore in the previous year. The profit after tax for the same period stood at ₹200.07 crore, marking an increase from ₹185.87 crore reported in the prior fiscal year.
Consolidated Performance
The consolidated results for the year ended March 31, 2026, showed revenue from operations at ₹3,436.62 crore, up from ₹2,918.44 crore. The consolidated profit attributable to the owners of the company reached ₹107.14 crore. The company continues to invest in its core business segments, including Engines and Electric Mobility, to drive sustainable long-term growth.
Dividend Recommendation
Reflecting the company’s commitment to delivering value to its shareholders, the Board of Directors has recommended a final dividend of ₹2 per share on a face value of ₹2 each for the financial year 2025-26. This dividend payout, totaling approximately ₹46.58 crore, is subject to the approval of shareholders at the company’s next Annual General Meeting and will be paid within 30 days of such approval.
Strategic Developments
During the year, Greaves Cotton Limited completed several strategic initiatives to bolster its operations. These include the acquisition of an additional 10% stake in Excel Controlinkage Private Limited, increasing the aggregate shareholding to 80%. Furthermore, the company made a ₹22 crore investment in its wholly-owned subsidiary, Greaves Finance Limited, via a rights issue to support its financing business.
Source: BSE
