Greaves Electric Mobility presented innovative electric two- and three-wheeler concepts at the expo. Greaves Cotton Limited reported strong Q3 FY25 financial results, demonstrating growth driven by diversification and a fuel-agnostic approach. The company showcased its commitment to sustainable mobility solutions at Auto Expo 2025. Greaves aims to create long-term value through innovation and digitally integrated solutions.
Greaves Cotton Limited announced its financial results for the period ending December 31, 2024. The company highlighted its diversification strategy and commitment to sustainable solutions as key drivers of growth. Consolidated revenue for Q3 FY25 reached INR 751 crore.
Standalone revenue saw a 13% increase, reaching INR 502 crore. Excel contributed INR 69 crore to the total quarterly revenue. The company's Engineering and Retail segments experienced significant growth, at 14% and 13% respectively.
“Greaves is driving transition to a more sustainable and inclusive economy through fuel-agnostic solutions and a digitally integrated, customer-focused approach. By embracing innovation and delivering smart, sustainable solutions, we aim to empower lives and create long-term value for all stakeholders," stated Nagesh Basavanhalli, Non-Executive Vice Chairman of Greaves Cotton Limited.
“Our Q3 FY25 results reflect the strength of our diversification strategy, with the Engineering and Retail segments achieving remarkable growth of 14% and 13% respectively," said Akhila Balachandar, Chief Financial Officer of Greaves Cotton Limited.
Bharat Mobility Global Expo 2025
At Auto Expo 2025, Greaves Cotton Limited showcased a range of fuel-agnostic engines, components, and powertrain technologies. This included a hydrogen-powered engine. The company also presented its vision for a complete sustainable mobility ecosystem.
Greaves Electric Mobility presented innovative electric two- and three-wheeler concepts at the expo. New variants of the Ampere Nexus and Magnus scooters, along with advanced charging solutions for two-wheelers, were also displayed.
These showcased innovations underscore Greaves’ dedication to sustainable mobility and meeting the demand for eco-friendly transportation solutions in India. The company aims to democratize access to sustainable mobility.
Looking ahead to 2025, Greaves Cotton Limited remains focused on long-term value creation and navigating market uncertainties. The company emphasizes continued growth and aims to be a leader in India’s evolving mobility and engineering landscape. Greaves plans to leverage resilience and forward-thinking strategies to achieve these goals.
