Greaves Cotton (GREAVESCOT) — Board Meeting

📢 Key Event
Board approved Q1 June 2026 financial results and rights issue for Greaves Electric Mobility.

🔄 What Changed
Revenue rose to ₹974.12 crores, profit before tax was ₹27.05 crores, and a ₹2 per share dividend was proposed.

💡 Investor Takeaway
The company delivered modest profit growth and signaled shareholder returns while expanding through a rights issue and new subsidiary.

The board approved unaudited standalone and consolidated financial results for Q1 June 2026, showing revenue of ₹974.12 crores, profit before tax of ₹27.05 crores, and a proposed dividend of ₹2 per share. The meeting also cleared a rights issue for Greaves Electric Mobility up to ₹331 crores and a new subsidiary in Dubai. No forward guidance was provided.

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About Greaves Cotton Limited (GREAVESCOT)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹3,861.4 Cr P/E: -182.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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