Greaves Cotton Ltd's Sustainable Mobility Vision and Growth Strategies
Key Ideas
- Greaves Cotton Ltd achieved a 13% Y-o-Y growth, with a revenue of Rs 751 crore in Q3 FY25, driven by Engineering and Retail segments.
- Introduction of fuel-agnostic engines, including hydrogen-powered technologies, at Auto Expo 2025 showcased GCL's commitment to sustainable mobility.
- Greaves Electric Mobility's innovative electric two- and three-wheeler concepts and Ampere scooters contribute to eco-friendly mobility solutions.
- Company's leadership emphasizes building a sustainable and inclusive economy through innovation and diversification strategies for long-term value creation.
Greaves Cotton Ltd (GCL) demonstrated strong financial performance in Q3 FY25 with a consolidated revenue of Rs 751 crore, marking a 13% Y-o-Y growth. The standalone revenue of Rs 502 crore, along with the 14% and 13% growth in the Engineering and Retail segments, respectively, contributed to this success. Notably, contributions from Excel and Greaves Electric Mobility (GEML) further bolstered the company's overall performance. At the Auto Expo 2025, GCL unveiled fuel-agnostic engines, including hydrogen-powered technologies, underscoring its dedication to sustainable mobility. Additionally, Greaves Electric Mobility showcased advanced electric vehicle concepts, such as Ampere scooters, and launched charging solutions to cater to India's expanding eco-friendly mobility demands. The company's leadership, including Non-Executive Vice Chairman Nagesh Basavanhalli and CFO Akhila Balachandar, emphasized GCL's focus on innovation, diversification strategies, and long-term growth initiatives. GCL aims to create long-term value, sustainably grow, and meet the dynamic market requirements, establishing itself as a leader in India's mobility and engineering sectors.
Topics
India
Innovation
Sustainability
Revenue Growth
Automotive
Electric Mobility
Diversification
Market Leadership
Auto Expo
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