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
Household Appliances company Crompton Greaves Consumer Electricals announced Q2FY25 results Standalone Financial Highlights: Revenue: Rs 1,645 crore compared to Rs 1,476 crore during Q2FY24, change 11% YoY. EBITDA: Rs 180 crore compared to Rs 151 crore during Q2FY24, change 20% YoY. EBITDA Margin: 11% for Q2FY25. PAT: Rs 123 crore compared to Rs 95 crore during Q2FY24, change 30% YoY. PAT Margin:7.5% for Q2FY25. Consolidated Financial Highlights: Revenue: Rs 1,896 crore compared to Rs 1,782 crore during Q2FY24, change 6% YoY. EBITDA: Rs 203 crore compared to Rs 175 crore during Q2FY24, change 17% YoY. EBITDA Margin: 10.7% for Q2FY25. PAT: Rs 128 crore compared to Rs 101 crore during Q2FY24, change 27% YoY. PAT Margin: 6.8%% for Q2FY25. Promeet Ghosh, MD & CEO, said: “We continue to deliver strong results across categories led by the Crompton 2.0 strategy. With pumps and appliances businesses delivering robust growth, ECD segment is developing new growth engines. Efforts in the lighting business are paying off as revenue growth has picked up pace this quarter with consistent margin improvement over the last few quarters. Our focus continues to be on investments in brand spends and innovation. As we drive our sustainability practices, we were honoured by CII with the prestigious GREEN PRO certification in consumer products category for ceiling fans, an industry first in the fans category.” Result PDF