The record date for the purposes of payment of dividend shall be Friday, July 24, 2026.
CROMPTON · price
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Crompton Greaves Consumer Electricals reported FY2026 consolidated revenue of ₹8,095.52 crores, up 2.9% from ₹7,864.08 crores in FY2025. However, the company posted a consolidated net loss of ₹230.76 crores versus a profit of ₹564.08 crores in the previous year, primarily due to exceptional items totaling ₹756.44 crores including a ₹716.04 crore impairment on goodwill and intangible assets related to its Butterfly subsidiary. The Board recommended a dividend of ₹3 per equity share (150% of face value ₹2) for FY2026, subject to shareholder approval at the AGM on August 7, 2026. The record date for dividend entitlement is July 24, 2026.
Despite the significant net loss due to one-time impairments, the company maintains its dividend payout, which is positive for income-focused investors. The large impairment indicates challenges in the Butterfly subsidiary integration, but core operations remain profitable with PBT of ₹677.14 crores before exceptional items.