Greaves Cotton Limited, a prominent diversified engineering firm in India, has posted robust financial results for the fiscal year ending March 31, 2025, showcasing its strategic progress and resilience in a competitive environment.
For the full FY25, the company’s consolidated revenue reached ₹2,918 crore, driven by strong performances across all business segments. Standalone revenue rose 12% year-over-year to ₹1,988 crore, while EBITDA grew 11% to ₹260 crore. The Excel division contributed ₹268 crore, supported by efficient operations, innovative offerings, and steady demand.
In Q4 FY25, consolidated revenue was ₹823 crore. Standalone revenue increased by 19% to ₹573 crore, and Excel posted a 15% revenue growth, reaching ₹75 crore for the quarter.
Mr. Karan Thapar, Chairman of Greaves Cotton Limited, stated that the company’s steady progress across various business segments reflects its clear strategic vision. He emphasized that by harnessing its mobility expertise and prioritizing customer needs, Greaves Cotton is successfully transitioning from a diesel engine pioneer to a versatile provider of fuel-agnostic solutions across multiple applications, all while maintaining strong financial performance.
Greaves Cotton Limited’s Engineering division delivered impressive performance in Q4 FY25, recording 28% growth driven by innovative product offerings, deeper market penetration, and a strong service network. Demand surged for CPCB IV+ gensets and non-automotive applications. Meanwhile, the Retail segment saw significant traction in electric vehicle (EV) components, supported by an extensive network of over 21,500 mechanics and 10,000 retailers. Greaves E-Mobility (GEML) continued its upward trajectory, posting ₹172 crore in Q4 and ₹659 crore for the full year, fueled by successful new launches such as the Ampere Nexus and Magnus Neo, along with cost optimization and expanded market reach.
Looking ahead, the company is well-equipped to capitalize on opportunities in sustainable mobility and engineering innovation. Continued investment in R&D, digitalization, and geographic expansion is expected to support future growth and enhance customer experience.
Greaves Cotton remains dedicated to sustainability, advancing initiatives like battery recycling and environmentally responsible manufacturing practices to support India’s green mobility mission.
