Greaves Cotton Limited has announced its unaudited financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2025 (FY26). The company reported a consolidated revenue of ₹875 crore for Q3 FY26, marking a 17% year-on-year increase from ₹751 crore in Q3 FY25. For the nine-month period, consolidated revenue stood at ₹2,436 crore, up 16% from ₹2,096 crore in the corresponding period of FY25. On a standalone basis, revenue from operations for Q3 FY26 was ₹575 crore, a 14% increase compared to ₹502 crore in Q3 FY25. The nine-month standalone revenue reached ₹1,667 crore, an 18% rise from ₹1,415 crore in the previous year. The company's EBITDA for consolidated operations in Q3 FY26 was ₹62 crore, a significant 57% jump from ₹40 crore in Q3 FY25. The EBITDA margin improved to 7.1% from 5.3% year-on-year. For the nine months, consolidated EBITDA was ₹171 crore, a 90% increase from ₹90 crore in 9M FY25, with margins improving to 7.0% from 4.3%. Standalone EBITDA for Q3 FY26 was ₹78 crore, an 18% increase from ₹67 crore in Q3 FY25, with margins at 13.6%. For the nine months, standalone EBITDA grew 32% to ₹232 crore from ₹176 crore, with margins at 13.9%. The investor presentation also highlighted the company's strategic approach, focusing on 'GREAVES.NEXT' to expand into new horizons, build new muscle on the core, accelerate the core business, and enhance industrial solutions growth. The company aims for a 13-15% CAGR in organic growth and a prudent investment plan of ₹500-700 crore. Greaves Cotton is also focusing on increasing its international business share and advancing product quality and technology.
