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.
Greaves Cotton issued a Q2 FY27 press release reporting strong consolidated revenue and EBITDA growth. Core and electric mobility investee GEML drove the gains.
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.
Greaves Cotton Ltd approved its standalone and consolidated unaudited results for the quarter and half year ended 30 September 2026. The Board endorsed the figures reviewed by the Audit Committee and the statutory auditors.
Greaves Cotton Limited has scheduled a board meeting for 29th October, 2026, to consider and approve its unaudited financial results for the quarter and half-year ended September 2026.
Greaves Cotton Ltd has filed its quarterly shareholding pattern for the quarter ended September 30, 2026. This is a routine regulatory compliance filing.
Greaves Electric Mobility, a subsidiary of Greaves Cotton, launched 50+ new Ampere Experience Centers across 15 states. The expansion doubles its sales and service footprint to over 600 touchpoints.
Greaves Cotton's subsidiary, Greaves Electric Mobility, has launched the Ampere Nexus EX+ electric scooter. The new model features a 5 kW motor and IoT-enabled connectivity via Intellipack.
Greaves Cotton unveiled its 12V15 750 HP Fire Fighting Engine at FSIE Expo 2026. The launch strengthens its Industrial Solutions portfolio for high-performance applications.
India Ratings has reaffirmed the 'IND AA-' rating for Greaves Cotton Ltd, with a stable outlook. This credit rating maintains existing financial oversight for investors.
India Ratings affirmed Greaves Cotton's long-term issuer rating at 'IND AA-/Stable'. The agency also assigned/affirmed ratings for bank loan facilities aggregating Rs. 203 Crore.
Greaves Cotton Limited has completed the acquisition of the remaining 20% stake in Excel Controlinkage Private Limited. Excel Controlinkage is now a wholly owned subsidiary.
Greaves Cotton acquired the remaining 20% stake in Excel Controlinkage for a total 100% shareholding. Excel is now a wholly owned subsidiary following this final tranche completion.
Greaves Electric Mobility launched an upgraded Ampere Magnus G Max electric scooter. The updated model features 30+ connected features and a new cinnamon copper colour.