Shares of Greaves Cotton surged over 7% today after the company announced strong Q1 FY26 results. As of 1:08 PM, the shares were trading 5.49% higher at Rs 209.81.
The net profit jumped 56.2% year-on-year to ₹57 crore, compared to ₹36.5 crore in the same period last year. Revenue also saw a healthy 21.5% rise, coming in at ₹540.5 crore versus ₹445 crore YoY.
EBITDA climbed 50.2% to ₹76 crore, while margins improved to 14.06% from 11.37% a year ago—highlighting better operational efficiency.
In terms of stock performance, the share opened at ₹199.90 and hit an intraday high of ₹214.89. The day’s low stood at ₹197.20. The stock’s 52-week range spans from ₹153.11 to ₹319.50. It had closed at ₹198.90 in the previous session. Positive earnings momentum and improved margins have clearly lifted investor sentiment.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
