Crompton Greaves Consumer Electricals Ltd , a leading consumer company in India with over 75 years of brand legacy, operating in lighting and electrical consumer durables segments, reported a decline in profits for Q2FY26 despite marginal revenue growth.
Financial Highlights:
- Revenues increased slightly by 1.05% year-on-year to ₹1,916 crore from ₹1,896 crore.
- Total expenses rose 3.61% to ₹1,806 crore from ₹1,743 crore.
- Consolidated net profit declined 41.41% to ₹75 crore from ₹128 crore.
- Earnings per share decreased 42.78% to ₹1.11 from ₹1.94.
The profit decline was due to rising expenses outpacing revenue growth, which exerted pressure on margins.
Outlook:
Crompton Greaves Consumer Electricals Ltd is focusing on cost optimization, product innovation, and expanding export markets to revive profitability and sustain business growth.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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