Greaves Cotton quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,176	815	+44.2%
EBITDA	73.4	51.9	+41.4%
EBITDA margin	6.2%	6.4%	−0.1 pts
Profit before tax	−15.9	27.0	—
Net profit	−29.8	6.3	—
EPS	₹0.20	₹1.12	−82.1%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,176	974	1,000	875	815	745	823	751	705	640	673	665	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	11.2	10.9	13.1	8.4	10.4	18.0	12.3	11.6	13.8	17.0	13.4	14.4
	1,187	985	1,013	884	826	763	835	762	719	657	686	680
	833	669	618	549	521	448	499	493	466	395	390	392
	40.5	28.4	34.1	38.1	33.9	35.3	67.6	34.0	35.3	31.9	34.6	34.1
	−20.5	−24.8	43.2	−2.8	−15.9	0.3	0.5	−24.7	−14.7	4.0	28.8	13.5
	105	103	89.8	93.9	101	90.2	80.4	85.8	84.6	74.6	84.3	82.4
	14.5	12.0	10.0	6.4	4.8	4.9	5.9	3.2	4.3	2.9	3.0	2.3
	53.2	28.2	27.7	27.6	27.0	26.6	25.3	25.7	26.4	26.1	28.2	20.3
	145	143	147	135	123	114	129	123	111	107	111	108
	1,170	958	970	847	795	720	808	740	713	641	680	653
	73.4	56.3	68.2	62.1	51.9	56.9	45.7	39.7	23.0	27.3	23.7	35.4
	20.1	28.1	40.5	34.5	24.9	30.4	20.5	13.9	−3.4	1.2	−4.4	15.0
Profit
	16.8	27.1	43.6	36.6	30.5	43.5	26.8	22.4	6.1	15.3	5.9	27.2
	−32.8	0.0	−16.0	−19.3	−3.6	−0.5	0.0	6.2	−4.3	0.0	−2.4	47.2
	−15.9	27.1	27.6	17.3	27.0	43.0	26.8	28.6	1.8	15.3	3.5	74.3
	20.0	22.5	27.5	20.3	21.5	23.1	27.1	22.0	17.6	17.0	19.5	29.7
	−6.1	−1.6	−2.0	−8.9	−0.8	−0.9	−1.8	−0.0	−1.5	−1.6	−2.7	−1.0
	13.9	20.9	25.4	11.4	20.6	22.2	25.3	21.9	16.1	15.4	16.8	28.7
	−29.8	6.2	2.2	5.9	6.3	20.9	1.5	6.7	−14.3	−0.2	−13.4	45.6
	−29.8	6.2	2.2	5.9	6.3	20.9	1.5	6.7	−14.3	−0.2	−13.4	45.6
	−0.4	−0.9	0.8	1.4	−0.8	−0.8	0.2	0.2	0.4	−0.3	−0.4	0.1
	−30.2	5.2	3.0	7.3	5.5	20.0	1.7	6.9	−14.0	−0.4	−13.7	45.7
	4.8	25.8	22.5	25.5	26.0	33.1	24.1	20.8	3.2	10.3	2.6	58.0
	−34.6	−19.6	−20.3	−19.6	−19.7	−12.2	−22.5	−14.1	−17.6	−10.5	−15.9	−12.4
Per share
	₹0.20	₹1.11	₹0.97	₹1.10	₹1.12	₹1.42	₹1.03	₹0.90	₹0.14	₹0.44	₹0.11	₹2.50
	₹0.20	₹1.10	₹0.96	₹1.09	₹1.11	₹1.42	₹1.03	₹0.89	₹0.14	₹0.44	₹0.11	₹2.48
Other comprehensive income — detail
	−0.4	−0.9	0.8	1.4	−0.8	−0.8	0.2	—	—	—	—	—
	−0.6	−1.3	0.9	1.8	−0.6	−1.1	0.2	0.2	0.4	−0.4	−0.5	0.1
	−0.2	−0.3	0.1	0.4	0.1	−0.3	−0.0	—	—	—	—	—
	—	—	—	—	—	—	—	0.1	0.0	−0.1	−0.1	0.0
	4.4	24.8	23.2	26.6	25.7	32.4	24.2	21.0	3.5	10.0	2.3	58.2
	−34.6	−19.6	−20.2	−19.3	−20.2	−12.4	−22.5	−14.1	−17.5	−10.4	−16.1	−12.4
Per share — as-filed variants
	₹0.20	₹1.11	₹0.97	₹1.10	₹1.12	₹1.42	₹1.03	₹0.90	₹0.14	₹0.44	₹0.11	₹2.50
	₹0.20	₹1.10	₹0.96	₹1.09	₹1.11	₹1.42	₹1.03	₹0.89	₹0.14	₹0.44	₹0.11	₹2.48
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	323	302	305	291	276	262	256	248	219	209	219	225
	27.5%	31.0%	30.5%	33.3%	33.8%	35.1%	31.1%	33.0%	31.0%	32.6%	32.6%	33.9%
Adjusted (ex-exceptional items) — derived
	16.8	27.1	43.6	36.6	30.5	43.5	26.8	22.4	6.1	15.3	5.9	27.2
	−32.8	0.0	−16.0	−19.3	−3.6	−0.5	0.0	6.2	−4.3	0.0	−2.4	47.2
	2.9	6.2	8.6	13.6	7.8	21.1	1.5	4.2	−12.6	−0.2	−12.4	16.7
	−₹0.02	₹1.11	₹3.79	₹2.53	₹1.37	₹1.44	₹1.03	₹0.57	₹0.12	₹0.44	₹0.10	₹0.91

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

GREAVESCOT₹186.80

Greaves Cotton Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersKIRLOSENG OLAELEC GRWRHITECH GMMPFAUDLR FINPIPE EPL INOXINDIA ELECTCASTMcap ₹4,351 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	665.4	672.5	639.7	705.3	750.6	822.8	745.4	815.5	875.5	1,000.3	974.1	1,175.9
Other Income	14.4	13.4	17.0	13.8	11.6	12.3	18.0	10.4	8.4	13.1	10.9	11.2
Total Income	679.8	685.9	656.7	719.1	762.2	835.1	763.5	825.9	883.9	1,013.4	985.1	1,187.1
Expenses
+ Cost of Materials Consumed	392.3	390.2	395.2	465.9	493.3	499.2	448.3	521.5	548.9	618.1	668.9	832.7
+ Purchases of Stock-in-Trade	34.1	34.6	31.9	35.3	34.0	67.6	35.3	33.9	38.1	34.1	28.4	40.5
+ Changes in Inventories	13.5	28.8	4.0	-14.7	-24.7	0.5	0.3	-15.9	-2.8	43.2	-24.8	-20.5
+ Employee Benefit Expense	82.4	84.3	74.6	84.6	85.8	80.4	90.2	100.7	93.9	89.8	102.5	105.2
+ Finance Costs	2.3	3.0	2.9	4.3	3.2	5.9	4.9	4.8	6.4	10.0	12.0	14.5
+ Depreciation & Amortisation	20.3	28.2	26.1	26.4	25.7	25.3	26.6	27.0	27.6	27.7	28.2	53.2
+ Other Expenses	107.7	110.9	106.7	111.2	122.5	129.4	114.4	123.3	135.3	146.9	142.8	144.7
Total Expenses	652.6	680.0	641.4	713.0	739.8	808.3	719.9	795.4	847.3	969.8	958.0	1,170.2
EBITDA	35.4	23.7	27.3	23.0	39.7	45.7	56.9	51.9	62.1	68.2	56.3	73.4
EBIT	15.0	-4.4	1.2	-3.4	13.9	20.5	30.4	24.9	34.5	40.5	28.1	20.1
Profit
PBT before Exceptional Items	27.2	5.9	15.3	6.1	22.4	26.8	43.5	30.5	36.6	43.6	27.1	16.8
+ Exceptional Items	47.2	-2.4	0.0	-4.3	6.2	0.0	-0.5	-3.6	-19.3	-16.0	0.0	-32.8
Pretax Income	74.3	3.5	15.3	1.8	28.6	26.8	43.0	27.0	17.3	27.6	27.1	-15.9
+ Current Tax	29.7	19.5	17.0	17.6	22.0	27.1	23.1	21.5	20.3	27.5	22.5	20.0
+ Deferred Tax	-1.0	-2.7	-1.6	-1.5	-0.0	-1.8	-0.9	-0.8	-8.9	-2.0	-1.6	-6.1
Tax Expense	28.7	16.8	15.4	16.1	21.9	25.3	22.2	20.6	11.4	25.4	20.9	13.9
Net Income	45.6	-13.4	-0.2	-14.3	6.7	1.5	20.9	6.3	5.9	2.2	6.2	-29.8
+ Net Income — Continuing Ops	45.6	-13.4	-0.2	-14.3	6.7	1.5	20.9	6.3	5.9	2.2	6.2	-29.8
+ Other Comprehensive Income	0.1	-0.4	-0.3	0.4	0.2	0.2	-0.8	-0.8	1.4	0.8	-0.9	-0.4
Total Comprehensive Income	45.7	-13.7	-0.4	-14.0	6.9	1.7	20.0	5.5	7.3	3.0	5.2	-30.2
Net Income to Common	58.0	2.6	10.3	3.2	20.8	24.1	33.1	26.0	25.5	22.5	25.8	4.8
Minority Interest	-12.4	-15.9	-10.5	-17.6	-14.1	-22.5	-12.2	-19.7	-19.6	-20.3	-19.6	-34.6
Per Share
Basic EPS	2.50	0.11	0.44	0.14	0.90	1.03	1.42	1.12	1.10	0.97	1.11	0.20
Diluted EPS	2.48	0.11	0.44	0.14	0.89	1.03	1.42	1.11	1.09	0.96	1.10	0.20
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	0.2	-0.8	-0.8	1.4	0.8	-0.9	-0.4
+ Items NOT to be Reclassified to P&L	0.1	-0.5	-0.4	0.4	0.2	0.2	-1.1	-0.6	1.8	0.9	-1.3	-0.6
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.0	-0.3	0.1	0.4	0.1	-0.3	-0.2
+ Tax on Items NOT to be Reclassified — alt tag	0.0	-0.1	-0.1	0.0	0.1	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	58.2	2.3	10.0	3.5	21.0	24.2	32.4	25.7	26.6	23.2	24.8	4.4
Comprehensive Income — Non-controlling Interests	-12.4	-16.1	-10.4	-17.5	-14.1	-22.5	-12.4	-20.2	-19.3	-20.2	-19.6	-34.6
Per Share — as-filed variants
Basic EPS — Continuing Operations	2.50	0.11	0.44	0.14	0.90	1.03	1.42	1.12	1.10	0.97	1.11	0.20
Diluted EPS — Continuing Operations	2.48	0.11	0.44	0.14	0.89	1.03	1.42	1.11	1.09	0.96	1.10	0.20
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	225.4	218.9	208.6	218.8	248.0	255.5	261.5	275.9	291.3	304.8	301.6	323.2
Gross Margin %	33.88	32.55	32.61	31.02	33.03	31.06	35.09	33.84	33.27	30.48	30.96	27.49
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	27.2	5.9	15.3	6.1	22.4	26.8	43.5	30.5	36.6	43.6	27.1	16.8
− Exceptional Items (reconciliation)	47.2	-2.4	0.0	-4.3	6.2	0.0	-0.5	-3.6	-19.3	-16.0	0.0	-32.8
Net Income Adj (tax-effected)	16.7	-12.4	-0.2	-12.6	4.2	1.5	21.1	7.8	13.6	8.6	6.2	2.9
EPS Adj	0.91	0.10	0.44	0.12	0.57	1.03	1.44	1.37	2.53	3.79	1.11	-0.02
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Paid Up Equity Capital	46.4	46.4	46.5	46.5	46.5	46.5	46.6	46.6	46.6	46.6	46.6	46.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Greaves Cotton Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 2:42 pm IST

Greaves Cotton (NSE: GREAVESCOT) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 2:42 pm IST. Consolidated net profit attributable to shareholders was ₹4.8 crore, down 81.5% from ₹26 crore in Q2 FY26 and down 81.3% from ₹25.8 crore in Q1 FY27. Revenue from operations was ₹1,176 crore, up 44.2% year on year and up 20.7% from the previous quarter.

Q2 FY26 results (a year earlier): 4 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹4.8 Cr−81.5% vs Q2 FY26−81.3% vs Q1 FY27Total incl. minority interest −₹29.8 Cr
Revenue from operations: ₹1,176 Cr+44.2% vs Q2 FY26+20.7% vs Q1 FY27
Operating margin (EBIT): 1.7%−1.3 pts vs Q2 FY26−1.2 pts vs Q1 FY27EBIT ₹20.1 Cr
EBITDA: ₹73.4 Cr+41.4% vs Q2 FY26+30.2% vs Q1 FY27margin 6.2%
Earnings per share (basic): ₹0.20−82.1% vs Q2 FY26−82.0% vs Q1 FY27
Net profit margin: 0.4%−2.8 pts vs Q2 FY26−2.2 pts vs Q1 FY27

Questions

What was Greaves Cotton's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹4.8 crore, down 81.5% from ₹26 crore in Q2 FY26 and down 81.3% from ₹25.8 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹29.8 crore.

How were Greaves Cotton's Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 44.2% at ₹1,176 crore, and net profit was down 81.5% at ₹4.8 crore. The operating margin was 1.7%, down 1.3 percentage points from 3.1% a year earlier. Against Q1 FY27, net profit was down 81.3% and revenue up 20.7%.

What was Greaves Cotton's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹30.6 crore, down 48.2% from ₹59.1 crore in the same months a year earlier. Revenue from operations was ₹2,150 crore, up 37.7%.

What was Greaves Cotton's revenue in Q2 FY27?

Revenue from operations was ₹1,176 crore, up 44.2% year on year and up 20.7% from the previous quarter.

What was Greaves Cotton's EPS in Q2 FY27?

Basic earnings per share were ₹0.20, against ₹1.12 in Q2 FY26.

What was Greaves Cotton's revenue in FY26?

Revenue from operations was ₹3,437 crore in FY26 (April 2025–March 2026), up 17.8% from ₹2,918 crore in FY25. It was ₹2,633 crore in FY24 and ₹2,699 crore in FY23: up 27.3% over three years, 8.4% a year on average.

What was Greaves Cotton's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹20.1 crore, a margin of 1.7%, against 2.9% in Q1 FY27 and 3.1% in Q2 FY26. EBITDA was ₹73.4 crore, 6.2% of revenue.

What is Greaves Cotton's net profit margin?

Greaves Cotton's net profit margin was 0.4% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 3.2% in Q2 FY26 (down 2.8 percentage points). For FY26 as a whole it was 3.1%.

What was Greaves Cotton's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹107 crore in FY26 (April 2025–March 2026), up 83.5% from ₹58.4 crore in FY25. It was a loss of ₹135 crore in FY24 and a profit of ₹78 crore in FY23: up 37.3% over three years, 11.1% a year on average.

How has Greaves Cotton's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹25.5 crore in Q3 FY26, ₹22.5 crore in Q4 FY26, ₹25.8 crore in Q1 FY27 and ₹4.8 crore in Q2 FY27. That is ₹78.6 crore over the four quarters, down 24.4% from ₹104 crore in the four quarters before. Revenue from operations: ₹875 crore, ₹1,000 crore, ₹974 crore and ₹1,176 crore.

When did Greaves Cotton announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 2:42 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 4 November 2025.

When will Greaves Cotton announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Greaves Cotton figures come from?

From Greaves Cotton's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.