Greaves Cotton reports a 13% YoY increase in sales, getting to Rs 751 crore in Q3FY24, contrasted to Rs 665 crore in Q3FY23. EBITDA likewise saw a development of 12% YoY, getting to Rs 39.7 crore, up from Rs 35.4 crore in Q3FY23. However, the business dealt with a considerable decrease in internet earnings, dropping 70% to Rs 6.68 crore, contrasted to Rs 45.6 crore in Q3FY23. EPS likewise decreased by 64%, can be found in at Rs 0.90, contrasted to Rs 2.50 in the exact same quarter in 2014. In a special meeting with Business Today TELEVISION, Greaves Cotton CFO Akhila Balachandar goes over the business’s Q3 revenues, efficiency in the engines and automobile markets, and the expectation for the sector. Watch this online for a much deeper understanding of the numbers and what’s following for Greaves Cotton.
