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Crompton Greaves Consumer Electricals Ltd Q1FY24; 3% fall in Profits

Crompton Greaves Consumer Electricals Limited is one of the leading consumer companies in India with a 75+ years old brand legacy. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. We market our products under the “Crompton” brand name in India and select export markets.

Financial Results:

Crompton Greaves Consumer Electricals Ltd reported Revenues for Q1FY24 of ₹1,877.00 Crores up from ₹1,863.00 Crore year on year, a rise of 0.75%.

Total Expenses for Q1FY24 of ₹1,741.00 Crores up from ₹1,694.00 Crores year on year, a rise of 2.77%.

Consolidated Net Profit of ₹122.00 Crores down 3.17% from ₹126.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.85, down 3.14% from ₹1.91 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: FMCG
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