CG Consumer well placed to gain share on demand recovery across categories

Improving cash flows, robust balance sheet and margin levers are other positives

After a strong performance in the March quarter, market share gains, expectations of demand recovery and margin levers are the key triggers for Crompton Greaves Consumer Electricals. The company, which makes a range of consumer products, reported its highest ever quarterly revenues of Rs 1,522 crore, up 48 per cent YoY on a lower base.

All the main consumer product categories such as fans, appliances and pumps which make up 78 per cent of revenues reported robust growth ranging from 59-74 per cent. Growth in the lighting segment was led by consumer lighting which grew by 41 per cent.

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