#AkhilaBalachandar #GreavesCotton #Q1Earnings #FY25 #BusinessNews
Greaves Cotton reported a net profit of ₹10.32 crore for the quarter ending June 2024, reversing the previous year's loss of ₹5.08 crore. Sales increased by 12.51%, reaching ₹639.70 crore compared to ₹568.59 crore in June 2023. Standalone revenue for Q1 FY25 grew 12% year-on-year to ₹445 crore, while EBITDA also rose by 12%. Greaves Engineering and Retail businesses saw respective growths of 15% and 7%. Watch Business Today TV's Sakshi Batra speaks to Akhila Balachandar, CFO of Greaves Cotton, on Q1 earnings, sector outlook, and plans for FY25.
#FinancialResults #ProfitGrowth #RevenueIncrease #BusinessPerformance #SakshiBatra #BusinessToday #EngineeringGrowth #RetailGrowth #SectorOutlook #FY25Plans #EBITDA
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