Greaves Cotton reports Q1 profit, appoints new director

Greaves Cotton reported standalone profit of INR 56.64 crore and consolidated profit of INR 20.85 crore for the quarter ended June 30, 2025.

The board appointed Jehangir Ardeshir as additional independent director for five years from August 1, subject to shareholder approval. The IIT Kharagpur and IIM Bangalore alumnus previously held leadership roles at Tata Steel, Tata Teleservices, and other companies.

Independent director Firdose Vandrevala will resign effective October 14, 2025.