Greaves Cotton has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 8.17% rise in net profit at Rs 36.55 crore for Q1FY25 as compared to Rs 33.79 crore for the same quarter in the previous year. Total income of the company increased by 12.54% at Rs 456.50 crore for Q1FY25 as compared to Rs 405.65 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net loss of Rs 0.16 crore for the quarter ended June 30, 2024 as compared to net loss of Rs 24.93 crore for the same quarter in the previous year. However, total income of the company increased by 11.28% at Rs 656.66 crore for Q1FY25 as compared to Rs 590.10 crore for the corresponding quarter previous year.
