Press Release

04th August, 2026 The Manager - Listing The Manager - Listing BSE Limited National Stock Exchange of India Limited BSE Code - 501455 NSE Code - GREAVESCOT Dear Sir/Madam, Sub: Press Release regarding Financial Results Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release regarding the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026. Kindly take the same on record. Thanking You, Yours faithfully, For Greaves Cotton Limited Atindra Basu Group General Counsel & Company Secretary Membership No: F13799 Encl.: a/a Greaves Cotton Limited Email ID: investorservices@greavescotton.com I Website: www.greavescotton.com Registered Office: J-2, MIDC Industrial Area, Chikalthana, Chhatrapati Sambhajinagar - 431 006, Maharashtra, India. Tel.: (+91 240) 2479250, 2479232 Corporate Office: Unit Nos. 301 & 302, 3rd Floor, Tower B, Peninsula Business Park, Ganpatrao Kadam Marg, Off Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, India. Tel: +91 22 41711700 I CIN: L99999MH1922PLC000987 Press Release – Q1FY27 Greaves Cotton reports 31% Growth in Consolidated Revenue for Q1FY27; Strengthens Global Presence and Reaffirms Commitment to Future-Ready Businesses Mumbai, August 4, 2026: Greaves Cotton Limited, one of India's leading diversified engineering • Reports consolidated revenue of ₹974 crore and standalone revenue of ₹629 crore for Q1 companies, announced its financial results for the quarter ended June 30, 2026, delivering a steady FY27, driven by disciplined execution across all businesses. performance across its diversified businesses. During the quarter, the Company continued to execute • Strengthens international footprint with incorporation of Greaves International Trading FZE its Greaves.Next strategy by strengthening its core businesses, expanding its international footprint in Dubai, UAE and reaffirms commitment to Greaves Electric Mobility through ₹331 crore and making strategic investments to support future growth. These actions reflect Greaves’ rights issue subscription. commitment to prudent capital allocation, portfolio diversification and building a globally relevant engineering enterprise positioned for sustainable long-term value creation. Mumbai, August 4, 2026: Greaves Cotton Limited, one of India's leading diversified engineering companies, announced its financial results for the quarter ended June 30, 2026, delivering a steady performance across its diversified businesses. During the quarter, the Company continued to execute its Greaves.Next strategy by strengthening its core businesses, expanding its international footprint and making strategic investments to support future growth. These actions reflect Greaves’ commitment to prudent capital allocation, portfolio diversification and building a globally relevant engineering enterprise positioned for sustainable long-term value creation. Financial Performance Consolidated • Revenue for Q1 FY27 stood at ₹974 crore, up 31% YoY. • EBITDA stood at ₹56 crore. • Operating PBT stood at ₹27 crore. Standalone • Revenue for Q1 FY27 stood at ₹629 crore, up 16% YoY. • EBITDA stood at ₹71 crore. • Operating PBT stood at ₹67 crore. Management Commentary Parag Satpute, MD & Group CEO, Greaves Cotton Limited, said: "We have begun FY27 on a strong note, delivering a solid performance on the back of disciplined execution across our businesses, while strengthening our strategic foundations under Greaves.Next. During the quarter, we expanded our international footprint with the establishment of a subsidiary in Dubai, UAE, enhanced our manufacturing capabilities through advanced automation, and continued to grow across our domestic and international businesses despite commodity price and supply chain pressures. We also reaffirmed our commitment to future-ready businesses through investments in Greaves Electric Mobility and Greaves Finance. Supported by a strong balance sheet, we are well positioned to drive organic growth, invest in our portfolio companies, and capitalise on emerging growth opportunities. Demand across segments remains encouraging and we remain focused on executing our strategy with discipline to build a stronger, more future-ready Greaves. " Business Highlights Energy Solutions continued its growth momentum during the quarter, delivering revenue growth of 21% YoY, supported by healthy demand across infrastructure, manufacturing and industrial applications. Domestic sales of the Medium Horsepower (MHP) genset portfolio grew by 32% on a YoY basis, and we commissioned a BESS pilot towards strengthening our integrated solutions portfolio. The Mobility Solutions business delivered 18% year-on-year revenue growth, supported by strong performance across key segments. Automotive engines recorded robust growth of 36% YoY, while the Engineered Components businesses grew 14% YoY, driven by healthy domestic demand and steady export momentum. Demand for Euro V+ compliant engines remained encouraging in export markets. The Engineered Components domestic business also secured new orders from large OEMs such as Caterpillar UK and TAFE. Industrial Solutions witnessed sustained demand across defence, marine and agriculture applications, strengthening engagement with OEM customers across specialised industrial applications. Supported by strong market execution, the international business continued to contribute 13% to core business revenue. The Company incorporated Greaves International Trading FZE in Dubai, UAE establishing a regional hub to strengthen customer engagement and distribution capabilities across the Middle East and Africa. Greaves Electric Mobility business strengthened its market position through sustained network expansion and portfolio enhancements. In electric two-wheelers, VAHAN volumes more than doubled, growing 101% year-on-year in Q1 FY27, while market share increased from 4.3% in FY26 to 5.6% in June ‘26. In three-wheelers, L5 VAHAN volumes grew 39% year-on-year, with electric L5 volumes nearly doubling, reflecting strong demand and continued market penetration across key segments. The Company has informed that its INR 530 Crore rights issue has been fully subscribed with its Board approving the allotment of equity shares to all eligible shareholders. Greaves Cotton Limited has subscribed to its full entitlement of approximately INR 331 Crore, and our shareholding in GEML remains unchanged at 62.48%. Greaves Finance continued its growth trajectory with Assets Under Management crossing ₹560 crore, an increase from ₹521 crore in Mar’26; and expanded its reach by 12 more locations. During the quarter, Greaves Cotton subscribed to the rights issue of ₹50 crore to support the company's next phase of growth. Outlook The Company remains focused on strengthening execution across its core businesses while continuing to invest in technology, international expansion and future-ready opportunities under the Greaves.Next strategy. Supported by a strong balance sheet, disciplined capital allocation and a diversified engineering portfolio, Greaves Cotton remains well positioned to deliver sustainable long-term growth while navigating an evolving macroeconomic environment. The Company will continue to focus on operational excellence, innovation and customer-centric solutions to create long-term value for all its stakeholders. About Greaves Cotton Limited: W ith a legacy of over 165 years, Greaves Cotton Limited is a diversified, future-ready engineering company delivering innovative and sustainable solutions to customers across key sectors. Renowned for its precision engineering and technology leadership, the Company’s growth strategy is anchored on three core dimensions: accelerating its core businesses, building new muscle onto the core, and expanding into new horizons across Energy Solutions, Mobility Solutions, and Industrial Solutions. As one of India’s largest manufacturers of singl [Showing first 8,000 characters — download PDF for full document]