Greaves Retail, a division of Greaves Cotton, announced the launch of its new range of high-performance electrified light construction equipment at bauma CONEXPO India 2024. With sustainability at the forefront, this new range of equipment integrates cutting-edge electrification technologies to deliver zero-emission solutions, enhancing performance while lowering operational costs. This strategic move into the Construction Equipment Sector underscores Company's commitment to delivering innovative, reliable solutions that prioritise environmental responsibility and sustainability. The newly introduced lineup includes: The Mini Excavator range from 2 Ton to 4 Ton category, equipped with a powerful Kubota engine, delivers superior performance with higher digging forces, making it perfect for heavy-duty excavation in challenging conditions. The Electric Boom Lift provides exceptional reach with a platform height of 13.8 meter and a horizontal outreach of 7.81 meter, designed to navigate tight spaces and urban environments with ease. Its compact design and intelligent self-diagnostic system ensure high performance. The machine comes with zero maintenance lead acid battery or lithium battery as options. Excel Controlinkage, a subsidiary of Greaves Cotton, also showcased its advanced engineering capabilities at the bauma CONEXPO India. The display featured a wide range of products, including high-performance gear shift levers, cables, rod shift lever, throttle control and parking brake levers for commercial vehicles and construction equipment. Excel caters to various domestic and international original equipment manufacturers. The exhibit also showcased a wide range of metal bonded rubber products for heavy commercial vehicles and construction equipment application, all engineered for durability and efficiency in demanding environments.  Powered by Capital Market - Live

Greaves Cotton is a multi-product and multi-location engineering company. The company is a leading name in fuel agnostic powertrain solutions, e-mobility, aftermarket & retail. The company reported a consolidated net loss of Rs 14.33 crore in Q2 FY25 as against a net loss of Rs 379.59 crore posted in Q2 FY24. Income from operations fell by 3% YoY to Rs 705 crore during the quarter. Powered by Capital Market - Live

Raymond Ltd, Varroc Engineering Ltd, ITI Ltd and Greenpanel Industries Ltd are among the other gainers in the BSE's 'A' group today, 10 December 2024.Greaves Cotton Ltd surged 14.10% to Rs 243.5 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 17.02 lakh shares were traded on the counter so far as against the average daily volumes of 2.22 lakh shares in the past one month. Raymond Ltd spiked 10.96% to Rs 1789. The stock was the second biggest gainer in 'A' group. On the BSE, 1.52 lakh shares were traded on the counter so far as against the average daily volumes of 26339 shares in the past one month. Varroc Engineering Ltd soared 10.91% to Rs 593.5. The stock was the third biggest gainer in 'A' group. On the BSE, 1.99 lakh shares were traded on the counter so far as against the average daily volumes of 6925 shares in the past one month. ITI Ltd rose 7.63% to Rs 397.1. The stock was the fourth biggest gainer in 'A' group. On the BSE, 23.52 lakh shares were traded on the counter so far as against the average daily volumes of 10.18 lakh shares in the past one month. Greenpanel Industries Ltd gained 7.08% to Rs 373.7. The stock was the fifth biggest gainer in 'A' group. On the BSE, 18409 shares were traded on the counter so far as against the average daily volumes of 10017 shares in the past one month. Powered by Capital Market - Live

Income from operations fell by 3% YoY to Rs 705 crore during the quarter. While EBITDA declined by 50% YoY to Rs 23 crore, EBITDA margin fell by 300 basis points YoY to 3.3% in the second quarter. Operating profit before tax in Q2 FY25 stood at Rs 6 crore, down by 85% from Rs 40 crore in Q2 FY24. Akhila Balachandar, chief financial officer, Greaves Cotton, said: Our Q2 FY25 results underscore the robustness of our diversification strategy and the momentum we are building across our businesses. Our performance in Retail, Engineering, and Excel, alongside the promising growth in Electric Mobility, reflects our agile approach to meeting diverse market demands. Our fuel-agnostic strategy continues to expand our reach and adaptability, reinforcing our confidence in the path we've charted. This momentum reaffirms our commitment to delivering consistent value for our stakeholders.' Greaves Cotton is a multi-product and multi-location engineering company. The company is a leading name in fuel agnostic powertrain solutions, e-mobility, aftermarket & retail. Powered by Capital Market - Live

Net profit of Greaves Cotton reported to Rs 3.22 crore in the quarter ended September 2024 as against net loss of Rs 190.78 crore during the previous quarter ended September 2023. Sales declined 2.94% to Rs 705.31 crore in the quarter ended September 2024 as against Rs 726.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales705.31726.69 -3 OPM %3.276.32 - PBDT32.5459.13 -45 PBT6.1139.98 -85 NP3.22-190.78 LP Powered by Capital Market - Live

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, announced that the Ministry of Heavy Industries (MHI) has approved the registration of its two-wheeler models'Nexus, Primus, Magnus, and Zeal'under the EMPS Scheme, making the company eligible for the Government of India's EV demand incentive scheme. GEMPL's three-wheeler business through its subsidiary is already eligible for demand incentives under the EMPS Scheme. With the latest approval, all eligible two-wheeler models are now included, positioning the company to further drive accessible and sustainable mobility across India.Powered by Capital Market - Live

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

Greaves Electric Mobility, through its 3W subsidiary, has announced that its electric 3-wheeler passenger vehicle, Greaves Eltra City, is now available at an unbeatable price of Rs. 3,66,999, owing to the massive surge in demand and positive reception for its bestin-class features. Prioritising comfort, efficiency, and innovation, the Eltra City has been delivering on its promise of 'Everything Extra' for both commuters and drivers since its launch early this year. The Eltra City provides a segment-leading range of approximately 160 kilometres on a single charge, powered by a 10.8 kWh lithium-ion battery and 9.6 kW motor, which enables uninterrupted travel and higher profitability for drivers. Further, it is equipped with features like 14-degree gradability, 49 Nm torque, and hill hold assist for a seamless and comfortable driving experience on challenging urban and semi-urban roads. Greaves Eltra City also boasts a state-ofthe-art 6.2 digital instrument cluster with IoT capabilities to assist drivers in leveraging real-time information and navigation conveniently. Engineered with safety as a top priority, the Eltra City features a robust full metal body and comes with a 3-year warranty (which is extendable to 5 years).Powered by Capital Market - Live