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HomeMarket NewsGreaves Cotton Q3 Results: Profit jumps 23% YoY as margin expands
Greaves Cotton reported a strong Q3 performance with profit and EBITDA rising sharply year-on-year, supported by healthy revenue growth and margin expansion; shares traded higher after the results.
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Greaves Cotton Ltd posted healthy set of numbers for the December quarter (Q3 FY26) on January 6, reporting a 22.6% year-on-year increase in net profit at ₹25.5 crore, compared with ₹20.8 crore in the year ago period.
Revenue for the quarter rose 16.6% YoY to ₹875.5 crore from ₹750.6 crore in Q3 FY25, reflecting steady growth across its business segments. Operating performance strengthened materially, with EBITDA surging 56.3% YoY to ₹61.8 crore, up from ₹39.5 crore a year earlier.
Improved operating leverage and cost efficiencies drove a notable expansion in margins, which stood at 7% in Q3 FY26 compared with 5.3% in the corresponding quarter last year.
Following the earnings announcement, shares of Greaves Cotton were trading at ₹172.18 on the NSE, up 1.64% on the day, after touching an intraday high of ₹177.50.
Also Read: Kaynes Tech Q3 Results: Shares fall 6% after earnings miss across the board, guidance cut
Greaves Cotton is a diversified engineering company with a presence across clean mobility, power, farm equipment, aftermarket solutions and retail electric mobility through its EV-focused businesses.
