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Greaves Cotton reported strong revenue growth but significant margin pressure from persistent input cost inflation. Profitability was hit by non-recurring impairment charges and accelerated amortization.
Q2 FY27 consolidated revenue up 44% YoY; core revenue ₹768 Cr (+24%) with EBITDA margin down to 11.5% from 14.8%. GEML revenue ₹410 Cr (+106%), EBITDA loss narrowed to ₹24 Cr.