Revenue from lighting business which contributed 30% to CGEL's total sales grew by 11.8% YoY to Rs3.3bn driven by strong focus on B2C business led by distribution availability. However, revenue from Consumer Electrical segment which contributed ~70% to CGCEL's total revenue marginally grew by 1.8% YoY to Rs7.8bn mainly owing to lower volume in low-priced agro pump. On the back of steadily intensifying competition, CGCEL plans to redesign pumps at lower price points. Sales volume of premium fans which forms 20% of total fans business grew by a strong 25% YoY. While CGCEL sold anti dust fans worth Rs2.0bn, cost optimisation led to healthy growth in B2C lighting business. Southern markets continued to remain strong...