Greaves Cotton · NSE: GREAVESCOT · BSE: 501455

Q1 FY24 results · Apr–Jun 2023

Greaves Cotton reported revenue from operations of ₹568.59 crore (down 13.9% from Q1 FY23) and net loss of ₹24.93 crore for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	568.59	660.19	−13.9%	826.94	−31.2%
Other income	21.51	10.54	+104.1%	23.76	−9.5%
Total income	590.10	670.73	−12.0%	850.70	−30.6%
Profit before share of associates & JVs and tax	(9.51)	28.94	Turned loss	44.39	Turned loss
Share of profit/(loss) of associates & JVs	(0.90)	(2.24)		(1.80)
Net profit for the period	(24.93)	15.94	Turned loss	27.22	Turned loss
Attributable to shareholders of the company	(5.08)	16.07	Turned loss	26.65	Turned loss
EPS, basic (₹)	(0.22)	0.69	Turned loss	1.15	Turned loss
Net margin (%)	-4.4	2.4		3.3

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	395.95	373.62	+6.0%	436.75	−9.3%
Other income	9.70	11.71	−17.2%	14.98	−35.2%
Total income	405.65	385.33	+5.3%	451.73	−10.2%
Profit before tax	45.47	48.22	−5.7%	45.12	+0.8%
Net profit for the period	33.79	35.63	−5.2%	29.45	+14.7%
EPS, basic (₹)	1.46	1.54	−5.2%	1.27	+15.0%
Net margin (%)	8.5	9.5		6.7

Consolidated

Filed with BSE: 10 Aug 2023, 23:06 IST
Board meeting: 10 Aug 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 10 Aug 2023, 23:06 IST
Board meeting: 10 Aug 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE