Greaves Cotton has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 68.75% fall in its net profit at Rs 38.56 crore for the quarter ended September 30, 2024 as compared to Rs 123.40 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 477.23 crore for Q2FY25 as compared to Rs 466.98 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 14.33 crore for Q2FY25 as compared to net loss of Rs 374.59 crore for the same quarter in the previous year. Total income of the company decreased by 3.10% at Rs 719.09 crore for Q2FY25 as compared to Rs 742.13 crore for the corresponding quarter previous year.