Greaves Cotton Q2 profit falls 81% to ₹5 crore despite revenue growth
In short
Greaves Cotton said its September-quarter revenue was ₹1,176 crore and EBITDA rose 41%, but net profit fell to ₹5 crore after ₹32.75 crore of exceptional expenses. Another report said revenue from operations rose 75% year on year to ₹37,216 crore, led by a copper business that jumped 11-fold to ₹14,772 crore.
This matters because profit dropped sharply even with stronger sales and EBITDA. The reports do not explain the mismatch in revenue figures or what the exceptional expenses were for.
What the reporting says
Greaves Cotton reported September-quarter revenue of ₹1,176 crore and EBITDA growth of 41%, but net profit fell to ₹5 crore after exceptional expenses of ₹32.75 crore. A second publisher summary also said revenue from operations rose 75% year on year to ₹37,216 crore, driven by a copper business that increased 11-fold to ₹14,772 crore. The reporting does not reconcile the two revenue figures or explain the exceptional expenses.
Why it matters
Greaves Cotton reported a sharp drop in September-quarter profit to ₹5 crore, even as one publisher summary said revenue reached ₹1,176 crore and EBITDA rose 41%. The same reporting says exceptional expenses of ₹32.75 crore weighed on profit. A separate summary also cites much larger revenue figures tied to a copper business, but the available reporting does not reconcile those numbers or explain the expense items.