Shares of Crompton Greaves Consumer Electricals Limited (NSE: CROMPTON; BSE: 539876) closed at approximately ₹245 on Friday, reflecting an intraday decline of around 1.5% following the release of its third quarter fiscal 2026 results. The stock traded lower in session activity as markets digested the company’s earnings data and operational updates.
Market Capitalization
The company’s market capitalization stands near ₹15,800 crore at Friday’s close, based on prevailing share prices and outstanding equity.
Q3 FY26 Results
For the quarter ended December 31, 2025, Crompton Greaves Consumer Electricals reported consolidated revenue from operations of ₹1,898.30 crore, a 7.3% increase versus ₹1,769.36 crore in the corresponding period last year. Total income (including other income) was ₹1,911.07 crore. Profit before exceptional items and tax was ₹156.06 crore. Profit before tax was ₹136.02 crore. Consolidated net profit declined 9.8% year-over-year to ₹101.00 crore, down from ₹111.92 crore. The contraction was primarily attributed to an exceptional item of ₹20.04 crore related to incremental liabilities for the implementation of new labor codes.
Segment Performance
• Electric Consumer Durables (ECD): Revenue rose 7.6% year-over-year to ₹1,385.02 crore.
• Lighting Products: Revenue increased 6.7% to ₹274.96 crore.
• Butterfly Products: Revenue from the subsidiary stood at ₹238.32 crore, a 6.5% increase year-over-year.
9-Month Results
For the nine-month period ended December 31, 2025, consolidated revenue reached ₹5,812.25 crore showing a marginal growth of 0.15% from ₹5,803.27 crore in the prior year. Consolidated net profit for the period declined 23.5% to ₹300.31 crore compared to ₹392.34 crore. The results indicate a trend of revenue stability alongside profit contraction due to higher operating expenses and exceptional charges.
Business & Operations Update
During the quarter, the company’s operations reported broad-based revenue growth across its core segments. Implementation of new Labor Codes resulted in a one-off expense recognition. No material regulatory changes or new capital capacity announcements were reported in the latest quarterly disclosure.
The company completed its transition to BEE 2.0 energy efficiency norms for ceiling fans during the period. It also reported its first quarter of revenue from the solar rooftop segment. Operational restructuring included the conversion of its Vadodara facility from a lighting plant to a multi-business facility, incurring a one-time cost of ₹20.36 crore in the second quarter.
Equity Analyst Commentary
Institutional coverage reflects a range of views. In December 2025, Motilal Oswal initiated coverage on the stock, contributing to trading momentum, though these broker perspectives are separate from the company’s official disclosures. Other analyst assessments have highlighted earnings trends and sector dynamics without specific price targets disclosed.
Guidance & Outlook
Crompton Greaves Consumer Electricals has not issued full-year earnings guidance in conjunction with the Q3 results. Market participants will likely focus on upcoming quarterly earnings cycles and any updates on regulatory or labor code impacts as near-term catalysts to monitor.
Performance Summary
Crompton Greaves Consumer Electricals’ shares fell after reporting Q3 FY26 net profit of ₹101 crore, down from the prior year’s quarter. Revenue increased year-on-year to ₹1,898.30 crore. Segment revenues were led by electric consumer durables, lighting products, and Butterfly unit contributions. Nine-month results showed mixed directional trends. The stock’s market capitalization is around ₹15,800 crore at current levels.