Greaves Cotton Q4: Net profit skyrockets over 839%, revenue up 22%; shares zoom 11%

The company’s revenue from operations also jumped to ₹822.83 crore during the quarter under review as compared to ₹672.53 crore in the same quarter last fiscal year. This is a 22.3% rise.

The engineering company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) for Q4 FY25 grew 91.6% to ₹46 crore as against ₹24 crore seen in the corresponding quarter the previous year. Its margin also improved 6% from 3.56% in Q4 FY24.

Apart from announcing its fourth quarter earnings, Greaves Cotton also informed the exchanges that its board has recommended payment of a dividend of ₹2 per share (100%) on the face value of ₹2 each for the financial year ended on March 31, 2025.

The firm said that its diversification strategy is contributing to the resilience in revenues. “Continued focus on margin improvement yielding results both in terms of growth in EBITDA & improvement in margin,” the company said.

During the quarter, Greaves Cotton achieved its highest-ever quarterly sales of ₹75 crore.

In the financial year, the firm’s revenue tripled to ₹18.6 crore in FY25.

Post earnings, shares of Greaves Cotton rallied 10.73% on the National Stock Exchange at ₹209.68 apiece.

“Our consistent progress across diverse business units is a testament to our strategic vision. By leveraging our mobility expertise and focusing on customer needs, we are evolving from a diesel engine pioneer into a dynamic provider of fuel-agnostic solutions with multiple applications, while maintaining strong financial health,” said Karan Thapar, Chairman, Greaves Cotton Limited.

Full year FY25, consolidated revenues reached ₹2,918 crore, backed by strong contributions across all business verticals. Standalone revenues for Greaves Cotton grew by 12% year-on-year (YoY) to ₹1,988 crore, while EBITDA increased by 11% to ₹260 crore.

Excel contributed ₹268 crore, driven by streamlined operations, innovative solutions, and sustained demand across its portfolio.

Greaves Cotton’s engineering division performed strongly, with Q4 growth of 28% propelled by innovative products, broader market penetration, and a robust service network.

“Moving forward, Greaves Cotton is well-positioned to seize opportunities in sustainable mobility and engineering innovation. Strategic investments in research, digital transformation, and geographic expansion will fuel continued growth and customer satisfaction,” the company said in a statement.