Crompton Greaves Consumer Electricals Limited has informed the Exchange regarding a press release dated August 07, 2025, titled "Crompton Greaves Consumer Electricals Ltd.announces its results for Q1 FY26".
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Awaiting price reaction for this filing.
Crompton Greaves Consumer Electricals reported weak Q1 FY26 results, with standalone revenue declining 7.2% YoY to Rs. 1,819 Cr, hit by weather-related disruptions to seasonal cooling products like fans. Consolidated revenue fell 7% YoY to Rs. 1,998 Cr. Standalone EBITDA dropped 20.1% to Rs. 178 Cr with margin compressing 160 bps to 9.8%, and PAT declined 20.6% to Rs. 125 Cr. The Electrical Consumer Durables (ECD) segment saw revenue fall 8% and EBIT drop 18%, while the Lighting segment was a bright spot with EBIT surging 41% YoY to Rs. 29 Cr and margins expanding 370 bps to 12.6%. Subsidiary Butterfly Gandhimathi posted 3% revenue growth and 39% EBITDA growth. The company turned zero-debt after repaying a Rs. 300 Cr NCD tranche and secured its largest-ever solar pumps order of Rs. 101 Cr from MEDA.
The sharp decline in revenue and profits, driven mainly by weak summer demand for fans, is likely to weigh on near-term investor sentiment. However, the zero-debt balance sheet, strong lighting margins, and growth in solar pumps and Butterfly provide some cushion.