Household Appliances company Crompton Greaves Consumer Electricals announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Standalone revenue at Rs 1,879 crore, growth of 5% YoY amidst subdued demand scenario Standalone EBIT at Rs 223 crore, growth of 8% YoY EBIT margin increases by 40 bps YoY to 11.9% FY25 Financial Highlights: Standalone revenue at Rs 7,028 crore, grew by 10% YoY Highest-ever standalone EBITDA at Rs 819 crore ECD Revenue grew by 11% YoY on account of robust performance in pumps and appliances Consolidated revenue at Rs 7,864 crore Consolidated PAT growth by 28% YoY, ahead of topline growth Strong operating cash generation of Rs 737 crore • The Board has recommended a dividend of Rs 3 per share Commenting on the CGCEL’s performance, Promeet Ghosh, MD & CEO, said, “This quarter’s growth was driven by robust demand in solar pumps and appliances, particularly mixer grinders and air cooleRs In Lighting, B2C topline grew despite ongoing price erosion, supported by a favourable product mix. Backed by our strong legacy of trust and showcasing our commitment to innovation, we enhanced our technology for scalable, future-ready products by adopting a ‘Platform-First’ approach through introducing two new platforms— Nucleus, an in-house advanced BLDC platform and X-Tech, an induction fans technology leveraging India’s supply chain might.” “As part of our crompton 2.0 strategy, we are accelerating revenue growth and anticipating increased demand, and a shift toward next-generation technologies. To support this, we are actively exploring a greenfield manufacturing project with a proposed investment of Rs 350 crore — a strategic move aimed at strengthening our long-term growth and supply chain ecosystem. This will enhance in-house capabilities and complement our vendor partnerships. Phase 1 will focus on fans, with future expansion into other product lines to drive long-term growth.” “We are also building on our leadership in solar pumps by entering the high-growth solar rooftop segment. This move aligns with our strategy to expand into adjacencies and increase our Total Addressable Market, estimated at Rs 20,000 crore. With strengthened internal capabilities and a strong brand, distribution, and service network, we are well-positioned to capitalize on this opportunity.” Result PDF
Household Appliances company Crompton Greaves Consumer Electricals announced Q3FY25 results Financial Highlights: Standalone revenue at Rs 1,545 crore, growth of 6% YoY Standalone EBIT at Rs 150 crore, growth of 15% YoY EBIT margin increased to 9.7%, expansion by 70 bps YoY, driven by input cost reduction, mix improvement and cost optimization measures Standalone PAT at Rs 112 crore, growth of 17% YoY Business Highlights: ECD growth of 6% YoY led by pumps and appliances; EBIT margin at 15.2% (+160 bps YoY) Sustained revenue growth momentum in lighting of 3% YoY to Rs 257 crore Performance of Butterfly Gandhimathi Appliances Ltd. on track with green shoots visible Revenue decline arrested to deliver Rs 238 crore Significant EBITDA margin expansion by 620 bps YoY to 7.2% Promeet Ghosh, MD & CEO, said,“Crompton 2.0 continues to deliver consistent performance across categories which is reflected in our continued revenue trajectory and robust profit growth. ECD segment has been driven by pumps and small domestic appliances, while in the lighting segment we have seen growth despite ongoing price erosion, demonstrating the strength of our brand and distributor network. Under Crompton 2.0, we have taken definitive steps in the areas of innovation, digitization and after sales service to build a future-ready organization that strives towards enhancing consumer experience.” “I am pleased to inform you that we are one of the select few companies recognized in the S&P; Global ESG and Corporate Sustainability Assessments 2024 securing 3rd rank globally in the household durables sector. This recognition reflects our continued focus on sustainability and ESG best practices.” Result PDF