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Greaves Cotton Q3 Profit Surges 23% Year-on-Year Amidst Margin Expansion
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Greaves Cotton Q3 Profit Jumps 23% YoY, Margins Expand Significantly
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CNBC TV18
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06-02-2026, 14:43
Greaves Cotton Q3 Profit Jumps 23% YoY, Margins Expand Significantly
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Greaves Cotton Ltd reported a 22.6% year-on-year increase in net profit, reaching ₹25.5 crore in Q3 FY26.
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Revenue for the quarter rose 16.6% YoY to ₹875.5 crore, indicating steady growth across business segments.
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EBITDA surged by 56.3% YoY to ₹61.8 crore, driven by improved operating performance.
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Margins expanded notably to 7% in Q3 FY26 from 5.3% in the previous year, due to operating leverage and cost efficiencies.
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Shares of Greaves Cotton traded up 1.64% at ₹172.18 on NSE following the strong earnings announcement.
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