Crompton reported relatively weaker Q1FY24 than its peers as its results were impacted by higher BEE related costs, price correction in pumps and weak sales of Butterfly. However, it has rolled out new strategy as Crompton 2.0 and it plans to invest in (1) innovation, (2) improvement in supply chain and go-to-market initiatives, (3) portfolio premiumization and (4) additional investments in digital.