Net profit of Greaves Cotton reported to Rs 3.22 crore in the quarter ended September 2024 as against net loss of Rs 190.78 crore during the previous quarter ended September 2023. Sales declined 2.94% to Rs 705.31 crore in the quarter ended September 2024 as against Rs 726.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales705.31726.69 -3 OPM %3.276.32 - PBDT32.5459.13 -45 PBT6.1139.98 -85 NP3.22-190.78 LP Powered by Capital Market - Live News

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live News

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live News

Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, announced that the Ministry of Heavy Industries (MHI) has approved the registration of its two-wheeler models�Nexus, Primus, Magnus, and Zeal�under the EMPS Scheme, making the company eligible for the Government of India`s EV demand incentive scheme. GEMPL`s three-wheeler business through its subsidiary is already eligible for demand incentives under the EMPS Scheme. With the latest approval, all eligible two-wheeler models are now included, positioning the company to further drive accessible and sustainable mobility across India.Powered by Capital Market - Live News

Net profit of Greaves Cotton reported to Rs 10.32 crore in the quarter ended June 2024 as against net loss of Rs 5.08 crore during the previous quarter ended June 2023. Sales rose 12.51% to Rs 639.70 crore in the quarter ended June 2024 as against Rs 568.59 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales639.70568.59 13 OPM %4.27-2.53 - PBDT41.315.39 666 PBT15.26-11.34 LP NP10.32-5.08 LP Powered by Capital Market - Live News