Crompton Greaves Consumer Electricals

Crompton Greaves' stock rose as much as 6.29 per cent during the day to ₹348 per share, the biggest intraday gain since February 1 this year

Leading fans and residential pump maker Crompton Greaves Consumer Electricals expects to cross USD 1 billion sales mark this fiscal and achieve a double-digit revenue growth helped by a new strategy, its MD & CEO Promeet Ghosh said on Thursday. Moreover, the company expects to enter a new segment in the coming years and double its turnover in the next five to six years helped by its Crompton 2.0 vision, he said. Under Crompton 2.0 vision, the company is emphasising on consumer centricity, business growth, and profitability through innovations. Crompton Greaves operates in segments like fans, lights, water pumps and appliances. It is introducing next-generation technology platforms such as smart solutions, energy efficiency, durability and easy reparability for its products helped by enhanced in-house R&D. Crompton Greaves is quite encouraged by its last three quarters, in which the leading fans and water pump maker reported double-digit growth despite challenging market ...

While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth

Consolidated net profit increased 27.7 per cent to Rs 110 crore ($12.7 million) in the quarter, but fell short of analysts' average estimate of Rs 115 crore

The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.

Technically, the term 'Death Cross' indicates a weak set-up as the stock's 50-day moving average has dropped below the long-term 200-day moving average.

The rise in Crompton Greaves share price came after the company posted a strong set of results in the September quarter of financial year 2025 (Q2FY25)

Crompton Greaves Consumer Electricals Ltd on Thursday reported an increase of 26.9 per cent in its consolidated net profit to Rs 128.07 crore in the second quarter ended in September 2024. The company had posted a net profit of Rs 100.87 crore in the July-September quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL). However, its revenue from operations rose by 6.4 per cent to Rs 1,896.01 crore in the quarter under review, from Rs 1,782.27 crore in the same period last year. CGCEL's total expenses rose to Rs 1,742.79 crore in the September quarter of FY25, registering an increase of 4.9 per cent. The total consolidated income of CGCEL stood at Rs 1,913.53 crore in the September quarter, up 6.47 per cent. In the September quarter, CGCEL's revenue from the electric consumer durables segment was up 12.5 per cent to Rs 1,392.7 crore. Similarly, revenue from its lighting products business was up 6 per cent to Rs 253.13 crore. Ho

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Revenue from operations jumped 14 per cent to Rs 2,138 crore, while cost of materials consumed fell to Rs 468 crore

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On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23

Crompton Greaves Consumer Electricals Ltd on Thursday posted a 1.43 per cent increase in consolidated net profit to Rs 133.43 crore in the March 2024 quarter. The company reported a consolidated net profit of Rs 131.55 crore a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing. During the quarter under review, consolidated revenue from operations was Rs 1,961 crore over Rs 1,790.96 in the year-ago period. The electric consumer durables (ECD) segment clocked revenue of Rs 1,515.98 crore as compared to Rs 1,325.74 crore in the same period a year ago. Lighting products revenue in the quarter was marginally higher at Rs 281.12 crore, up from Rs 278.57 crore in FY23. On the other hand, the revenue from Butterfly, which it acquired last year, was lower at Rs 163.9 crore in the fourth quarter as compared to Rs 186.65 crore in the year-ago period, the filing said. Total expenses were higher at Rs 1,808 crore from Rs 1,637.3 crore in the corresponding

Crompton aims to deploy over 10,000 solar powered pumps under the PM-KUSUM Scheme in the next few years, in its efforts to make an impact in the energy efficiency category.

Going forward, any material changes in growth outlook and improvement in margin guidance by the new management will be key monitorables for the company, ICICI Securities said in a note.

Indian household appliance maker Crompton Greaves Consumer Electricals reported a near 18% drop in September-quarter profit, dented by higher expenses and subdued performance

Crompton Greaves Consumer Electricals Ltd on Friday reported a 33 per cent increase in consolidated net profit at Rs 125.95 crore in the first quarter ended June 30, on the back of higher sales

Crompton Greaves Consumer Electricals Ltd on Monday said it plans to raise long-term funds up to Rs 925 crore through the issuance of non-convertible debentures on a private placement basis

The Rs 2,076 crore buy to earnings accretive from second year of acquisition