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.
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