Greaves Cotton Ltd

Greaves Cotton Q3 FY26: Strong Revenue Growth & Strategic Expansion Plans ⚡📈

• Q3 FY26 consolidated revenue: ₹875 crores (up 17% YoY)

• 9-month revenue: ₹2,436 crores (up 16% YoY)

• Energy Solutions segment grew 21% YoY in first 9 months

• Spares and service revenue up 40% YoY

• Mobility Solutions grew 15% YoY in 9 months

• Industrial Solutions grew 3% YoY in 9 months

• e-two-wheeler volumes up 40% QoQ to 18,000+ units

• e-three-wheeler L5 volumes up 33% QoQ

• Cumulative electric vehicle sales crossed 2.5 lakh units

• ₹500-700 crores capex planned for capacity expansion and international growth

• Targeting 16-20% organic CAGR growth through GREAVES.NEXT strategy

• Defense supply order secured in Industrial Solutions segment