Household Appliances company Crompton Greaves Consumer Electricals announced Q1FY26 results Revenue: Rs 1,998 crore compared to Rs 2,138 crore during Q1FY25, change -7%. EBITDA: Rs 192 crore compared to Rs 232 crore during Q1FY25, change -18%. EBITDA Margin: 9.6% for Q1FY26. PAT: Rs 124 crore compared to Rs 152 crore during Q1FY25, change -19%. PAT Margin: 6.2% for Q1FY26. Promeet Ghosh, MD & CEO, said: “We navigated a challenging quarter due to unseasonal weather, impacting cooling products, offset by strong growth in solar pumps and small domestic appliances. Continued EBIT momentum in the lighting business, while revenue remained stable amidst ongoing price erosion. Kitchen portfolio performed well with robust growth in small domestic appliances and Butterfly introduced a new brand identity with industry-first range of products under the ‘Idea First Series’. During the quarter we gained market share in various categories demonstrating our resilience and robust execution capabilities. We remain focused on strengthening our brand, distribution, innovation, manufacturing, and people capabilities to drive future growth and capitalize on emerging opportunities.” “Climate change is altering demand patterns and is driving changes in consumer behaviour. We see sustainability not just as a responsibility, but also as a driver of smarter choices, sharper innovation, product differentiation and consumer affinity. Through our sustainability goals, our focus is on building a resilient value chain, reducing GHG scope 1 & 2 emissions, lowering emission intensity per unit sales, and integrating sustainability into every stage of product development. Doing good in business and for shareholders is inextricably linked to doing good for the planet. Our mission is clear: to build a resilient business model— transparently, measurably, and responsibly — and help shape a new blueprint for consumer durables in India.” Result PDF
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