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Greaves Cotton Ltd Q1FY24; 14% fall in Revenue

Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc.(Source : 202003 Annual Report Page No:98)


Financial Results:

  • Greaves Cotton Ltd reported Revenues for Q1FY24 of ₹569.00 Crores down from ₹660.00 Crore year on year, a fall of 13.79%.
  • Total Expenses for Q1FY24 of ₹602.00 Crores down from ₹644.00 Crores year on year, a fall of 6.52%.
  • Consolidated Net Profit of -₹25.00 Crores from ₹16.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.22, from ₹0.69 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Engines
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