Greaves Cotton Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors, in its meeting held on February 6, 2026, approved the standalone and consolidated financial results. For the quarter ended December 31, 2025, the standalone profit after tax was ₹43.10 crore. The consolidated results for the same period showed a loss of ₹15.50 crore. The nine-month period ended December 31, 2025, reported a standalone profit of ₹152.12 crore and a consolidated profit of ₹33.09 crore. An exceptional item of ₹15.75 crore was recognized in the standalone results for the nine months ended December 31, 2025, primarily due to changes in wage definitions under the new Labour Codes. The consolidated results also recorded exceptional items amounting to ₹19.26 crore for the same period, also related to the Labour Codes. During the nine months ended December 31, 2025, the company allotted 3,62,999 equity shares under its ESOP-2020 plan. Additionally, in the quarter ended September 30, 2025, Greaves Cotton increased its shareholding in its material subsidiary, Excel Controlinkage Private Limited, to 80% for ₹65.88 crore. Further investment of ₹22 crore was made in its wholly-owned subsidiary, Greaves Finance Limited, through a rights issue. The Board meeting commenced at 10:00 a.m. (IST) and concluded at 01:15 p.m. (IST) on February 6, 2026.
