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Greaves Cotton Ltd Q2FY24; 4% rise 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 Q2FY24 of ₹727.00 Crores up from ₹699.00 Crore year on year, a rise of 4.01%.
  • Total Expenses for Q2FY24 of ₹702.00 Crores up from ₹673.00 Crores year on year, a rise of 4.31%.
  • Consolidated Net Profit of -₹375.00 Crores from ₹32.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹8.22, from ₹1.25 in the same quarter of the previous year.

Tags: Engines
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