Greaves Cotton reports strong Q3 growth and plans ₹1000 Cr IPO
after close1 source ↓written by the desknot a recommendation
- 17% YoY increase
- to ₹575 crores
- 14% YoY
- for its GEM
- ₹1000 crore IPO
Greaves Cotton reported Q3 FY26 revenue of ₹875 crores, a 17% YoY increase. Standalone revenue rose 14% YoY to ₹575 crores, with EBITDA up 18% to ₹78 crores. The company is now planning a ₹1000 crore IPO for its GEM segment, supported by strong cash generation and minimal debt.
This performance may enhance investor sentiment and attract interest in the upcoming IPO.
Not investment advice. For informational purposes only.