Crompton Greaves Consumer Electricals Ltd Q2FY24; 23% 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 Q2FY24 of ₹1,782.00 Crores up from ₹1,700.00 Crore year on year, a rise of 4.82%.

Total Expenses for Q2FY24 of ₹1,662.00 Crores up from ₹1,564.00 Crores year on year, a rise of 6.27%.

Consolidated Net Profit of ₹101.00 Crores down 22.9% from ₹131.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.52, down 23.23% from ₹1.98 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.