Diversified engineering company Greaves Cotton Ltd on Wednesday (May 6) reported a 6.3% year-on-year decline in net profit for the fourth quarter at ₹22.5 crore, compared with ₹24 crore in the year-ago period.
Revenue for the quarter rose 21.5% to ₹1,000 crore from ₹822.8 crore a year earlier.
EBITDA increased 48.3% to ₹68 crore in the quarter, compared with ₹56 crore in the same period last year. EBITDA margin improved to 6.8% from 5.6% a year ago.
Greaves Cotton recommended a dividend of ₹2 per share for the financial year ended March 31, 2026. The dividend is 100% on the face value of ₹2 per share. The company said the dividend will be paid within 30 days from the date of the Annual General Meeting, subject to shareholder approval.
Shares of Greaves Cotton Ltd ended at ₹173.25, up by ₹4.75, or 2.82%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
