Shares of Greaves Cotton Ltd. surged 4% on Friday, reflecting positive investor sentiment.
The stock opened at ₹222.50, up from the previous close of ₹221.81, hitting an intraday high of ₹230.75 and a low of ₹220.75. Over the past year, Greaves Cotton has seen a 52-week high of ₹319.50 and a low of ₹112.05.
Greaves Cotton Q3 Results
Greaves Cotton posted a strong financial performance in Q3 FY25, with net profit soaring 64% YoY to ₹20.8 crore from ₹12.7 crore in the previous year. Revenue increased 12.8% YoY, reaching ₹750.6 crore compared to ₹665.4 crore last year. The company’s EBITDA rose 12% YoY to ₹39.7 crore, while the EBITDA margin remained stable at 5.3%.
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