 "CG Consumer, crompton")
After a strong performance in the March quarter, market share gains, expectations of demand recovery and margin levers are the key triggers for Crompton Greaves Consumer Electricals. The company, which makes a range of consumer products, reported its highest ever quarterly revenues of Rs 1,522 crore, up 48 per cent YoY on a lower base.
All the main consumer product categories such as fans, appliances and pumps which make up 78 per cent of revenues reported robust growth ranging from 59-74 per cent. Growth in the lighting segment was led by consumer lighting which grew by 41 per cent.
The
