Greaves Retail, a division of Greaves Cotton, announced the launch of its new range of high-performance electrified light construction equipment at bauma CONEXPO India 2024. With sustainability at the forefront, this new range of equipment integrates cutting-edge electrification technologies to deliver zero-emission solutions, enhancing performance while lowering operational costs. This strategic move into the Construction Equipment Sector underscores Company`s commitment to delivering innovative, reliable solutions that prioritise environmental responsibility and sustainability. The newly introduced lineup includes:The Mini Excavator range from 2 Ton to 4 Ton category, equipped with a powerful Kubota engine, delivers superior performance with higher digging forces, making it perfect for heavy-duty excavation in challenging conditions.The Electric Boom Lift provides exceptional reach with a platform height of 13.8 meter and a horizontal outreach of 7.81 meter, designed to navigate tight spaces and urban environments with ease. Its compact design and intelligent self-diagnostic system ensure high performance. The machine comes with zero maintenance lead acid battery or lithium battery as options.Excel Controlinkage, a subsidiary of Greaves Cotton, also showcased its advanced engineering capabilities at the bauma CONEXPO India. The display featured a wide range of products, including high-performance gear shift levers, cables, rod shift lever, throttle control and parking brake levers for commercial vehicles and construction equipment. Excel caters to various domestic and international original equipment manufacturers. The exhibit also showcased a wide range of metal bonded rubber products for heavy commercial vehicles and construction equipment application, all engineered for durability and efficiency in demanding environments.  Powered by Capital Market - Live News

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