Greaves Cotton Limited, a leading diversified engineering company in India, has announced robust financial results for the last year. The company’s impressive performance highlights its successful diversification strategy, fuel-agnostic innovations, and commitment to building a sustainable and digitally integrated ecosystem.
In Q3 FY25, Greaves Cotton’s consolidated revenue soared to ₹751 crore, while standalone revenue grew by an impressive 13% year-on-year to ₹502 crore. Additionally, Excel contributed ₹69 crore to the company’s quarterly revenue.
Commenting on the results, Nagesh Basavanhalli, Non-Executive Vice Chairman of Greaves Cotton Limited, stated, “Greaves is driving the transition to a more sustainable and inclusive economy through fuel-agnostic solutions and a digitally integrated, customer-focused approach. By embracing innovation and delivering smart, sustainable solutions, we aim to empower lives and create long-term value for all stakeholders.”
Akhila Balachandar, Chief Financial Officer, added, “Our Q3 FY25 results reflect the strength of our diversification strategy, with the Engineering and Retail segments achieving remarkable growth of 14% and 13% respectively.”
At the Auto Expo 2025 – The Motor Show, Greaves Cotton showcased its cutting-edge portfolio, including fuel-agnostic engines, advanced components, motion control systems, and powertrain technologies, with a special focus on a hydrogen-powered engine. These offerings underline the company’s vision of building a comprehensive sustainable mobility ecosystem.
Greaves Electric Mobility, a subsidiary of the company, unveiled futuristic electric two- and three-wheelers, including concept variants of its Ampere Nexus and Magnus scooters, as well as advanced charging solutions for electric vehicles. This aligns with the company’s mission to democratize sustainable mobility and address India’s growing demand for eco-friendly transportation solutions.
As it looks ahead to 2025, Greaves Cotton remains steadfast in its focus on long-term value creation, navigating market uncertainties, and driving innovation. Positioned at the forefront of India’s evolving mobility and engineering landscape, the company aims to lead with resilience and forward-thinking strategies.
