Crompton Greaves Consumer Electricals Limited has informed the Exchange that Record date for the purpose of DI is 24-Jul-2026.
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Crompton Greaves Consumer Electricals reported consolidated revenue of ₹8,095.52 crore for FY26, up 2.9% from ₹7,864.08 crore in FY25. However, the company posted a consolidated net loss of ₹230.76 crore for FY26 compared to a profit of ₹564.08 crore in FY25. The loss was primarily driven by exceptional items of ₹756.44 crore, which included a ₹716.04 crore impairment on investment and intangible assets related to subsidiary Butterfly Gandhimathi Appliances. Before exceptional items, profit stood at ₹677.14 crore. The Board recommended a dividend of ₹3 per share (150% of ₹2 face value) for FY26, subject to shareholder approval at the AGM on August 7, 2026. The record date for dividend entitlement is July 24, 2026. Statutory auditors MSKA & Associates gave an unmodified opinion on the financial results.
The massive impairment charge has led to a significant loss for the year, which may negatively impact the stock price in the short term. However, the underlying business remains profitable on an operational basis, and the consistent dividend payout of ₹3 per share signals management confidence. Investors should monitor the operational performance excluding exceptional items.