CG Consumer

Crompton targets 13-14% annual revenue growth over FY26-29 and aims to double revenue by FY31, aided by premiumisation, new categories and expansion of adjacencies

The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators

Market share gains in key categories and entry into premium kitchen appliances are positives

The PE firm had sold 6% in February 2021

According to analysts, heightened competition in pumps and geysers business impacted Q3 performance, despite robust 28% surge in premium fans' sales