Greaves Cotton · NSE: GREAVESCOT · BSE: 501455

Q2 FY23 results · Jul–Sep 2022

Greaves Cotton reported revenue from operations of ₹698.81 crore (up 87.1% from Q2 FY22) and net profit of ₹32.30 crore for Q2 FY23 (Jul–Sep 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	698.81	373.51	+87.1%	660.19	+5.8%
Other income	15.02	6.14	+144.6%	10.54	+42.5%
Total income	713.83	379.65	+88.0%	670.73	+6.4%
Profit before share of associates & JVs and tax	41.57	(18.98)	Turned profit	28.94	+43.6%
Share of profit/(loss) of associates & JVs	(1.24)	0.00		(2.24)
Net profit for the period	32.30	(23.29)	Turned profit	15.94	+102.6%
Attributable to shareholders of the company	28.88	(23.29)	Turned profit	16.07	+79.7%
EPS, basic (₹)	1.25	(1.01)	Turned profit	0.69	+81.2%
Net margin (%)	4.6	-6.2		2.4

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	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	374.14	283.98	+31.7%	373.62	+0.1%
Other income	7.52	7.62	−1.3%	11.71	−35.8%
Total income	381.66	291.60	+30.9%	385.33	−1.0%
Profit before tax	30.55	11.34	+169.4%	48.22	−36.6%
Net profit for the period	22.64	8.34	+171.5%	35.63	−36.5%
EPS, basic (₹)	0.98	0.36	+172.2%	1.54	−36.4%
Net margin (%)	6.1	2.9		9.5

Consolidated

Filed with BSE: 16 Nov 2022, 18:01 IST
Board meeting: 14 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 16 Nov 2022, 18:01 IST
Board meeting: 14 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE