Greaves Cotton Q4 Review - Auto Lags, Non-Mobility Picks Up: ICICI Direct

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Greaves Cotton Ltd.’s standalone revenues came in at Rs 457 crore, up 27.1% YoY, 4.6% QoQ.Consolidated revenue grew 35% YoY, 5.2% QoQ led by strong growth in the electric vehicle segment.Engine segment revenues came in at Rs 425 crore, up 28% YoY, 3% QoQ.On the other hand, e-mobility segment revenue grew 100% YoY, 19.5% QoQ to Rs 69.09 crore.Standalone Ebitda increased 54.9% YoY to Rs 47.3 crore and fell 12% QoQ.Standalone Ebitda margins improved 186 basis points YoY to 10.4% whereas the same fell 196 bps on a QoQ basis.On a consolidated basis, Ebitda came in at Rs 41.59 crore, up 76% YoY, down 15% QoQ..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Greaves Cotton Q4 Review - Auto Lags, Non-Mobility Picks Up: ICICI Direct

Greaves Cotton Q4 Review - Auto Lags, Non-Mobility Picks Up: ICICI Direct

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