Greaves Cotton Q4 net profit slips 6% despite ₹1,000 crore revenue; declares dividend
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…
