Greaves Cotton Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a significant increase in annual revenue to ₹3,436.62 crore on a consolidated basis. Reflecting this robust performance, the Board of Directors has recommended a final dividend of Rs. 2 per share (100% on a face value of Rs. 2) for the shareholders, demonstrating sustained value creation for investors.
Financial Performance Highlights
For the financial year ended March 31, 2026, Greaves Cotton delivered strong growth across its business segments. Consolidated revenue from operations stood at ₹3,436.62 crore, compared to ₹2,918.44 crore in the previous year. The consolidated profit for the period reached ₹35.29 crore, a notable recovery from the loss of ₹6.28 crore reported in the prior fiscal year. The company’s basic earnings per share (EPS) for the year also improved to ₹4.60, up from ₹2.51 in the previous year.
Segment-Wise Performance
The company’s diverse portfolio continues to drive growth. The Engines segment remains a core contributor, reporting a revenue of ₹2,241.39 crore for the year. The Electric Mobility & Other Vehicles segment saw substantial momentum, generating ₹786.19 crore in revenue. Despite competitive market conditions, these business lines continue to provide a balanced foundation for the company’s long-term strategy.
Strategic Developments and Dividend
The Board of Directors has recommended a final dividend of Rs. 2 per equity share on a face value of Rs. 2, subject to approval at the upcoming Annual General Meeting. Additionally, the company has focused on strategic consolidation, including increasing its stake in its subsidiary Excel Controlinkage Private Limited to 80% and further investments in Greaves Finance Limited. These initiatives align with the company’s objective of strengthening its market position and driving operational excellence.
Operational Outlook
Management noted that these results reflect the company’s resilience and success in executing its growth strategy. With the integration of new business lines and a consistent focus on innovation in the electric mobility and engineering sectors, the company is well-positioned to maintain its trajectory. The company remains committed to delivering long-term value to its stakeholders through disciplined financial management and strategic capital allocation.
Source: BSE
