BusinessPhoto: Mint MarketsGreaves Cotton Shares Rise 11% Despite 81% Profit Drop in Q2
Greaves Cotton shares surged up to 11.6% following a 44.2% year-on-year revenue increase in the September quarter. However, net profit fell 81% to ₹5 crore, impacted by exceptional expenses of ₹32.75 crore. EBITDA rose 41% to ₹74 crore, fueling the stock rally despite the profit decline.
Mint Markets·


