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Greaves Cotton’s Rs 530 crore rights issue is fully subscribed, boosting Greaves Electric Mobility
04-Aug-2026, 03:26
Greaves Cotton Limited announced its financial results for the quarter ended June 30, 2026, reporting consolidated revenue of Rs 974 crore, a 31% year-over-year increase, and standalone revenue of Rs 629 crore, up 16% year-over-year. The company expanded its international footprint by establishing a subsidiary in Dubai, UAE, and reaffirmed its commitment to Greaves Electric Mobility through a Rs 331 crore rights issue subscription, while its Greaves Finance business crossed Rs 560 crore in assets under management. Demand across segments remains encouraging, and the company’s Rs 530 crore rights issue has been fully subscribed.
Greaves Cotton Limited announced its financial results for the quarter ended June 30, 2026, reporting consolidated revenue of Rs 974 crore, a 31% year-over-year increase, and standalone revenue of Rs 629 crore, up 16% year-over-year. The company expanded its international footprint by establishing a subsidiary in Dubai, UAE, and reaffirmed its commitment to Greaves Electric Mobility through a Rs 331 crore rights issue subscription, while its Greaves Finance business crossed Rs 560 crore in assets under management. Demand across segments remains encouraging, and the company’s Rs 530 crore rights issue has been fully subscribed.