Results - Announcements
Greaves Cotton Ltd share price inched up 3.45% to Rs 187.55 after the company's net profit witnessed a sharp fall of 583.93% to Rs 29.81 crore, while revenue from operations increased sharply by 20.72% to Rs 1175.91 crore in Q3FY26 over Q2FY26.
The market capitalization of Compressors, Pumps & Diesel Engines industry group stocks on BSE stood at Rs 2.78 lakh crore, rising 5.40%. It has improved by 2.92% over last one week and tumbled 16.88% in last one month while the market capitalization of Greaves Cotton Ltd has marginally improved by 2.18% and 21.20% in the same period respectively.
Profit before tax (PBT) of Greaves Cotton Ltd stood at Rs 15.91 crore in Q3 FY26, plunging by 159.04% year-on-year, and crashing by 158.82% quarter-on-quarter. EBITDA came in at Rs 62 crore, jumping 50.04% YoY and expanding by 37.01% sequentially.
Total expenses surged 22.17% to Rs 1155.77 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 832.71 crore, surging by 24.49% YoY, while employee benefits expense was at Rs 105.17 crore, ticking higher by 2.58% YoY.
For the TTM ended FY26, revenue from operations grew 17.76% to Rs 3436.62 crore, while net profit tumbled by 661.94% to Rs 35.29 crore, compared to previous TTM. EBITDA jumped by 8538% to Rs 189.11 crore, and PBT witnessed a strong rise of 58.50% to Rs 114.91 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 32.58 crore in FY26, as against Rs 22.52 crore in FY25.
Greaves Cotton Ltd crashed 18.40% in last one year, underperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.