Crompton Greaves

Crompton Greaves surges 7% after healthy Q2 show; profit up nearly 29% YoY

The rise in Crompton Greaves share price came after the company posted a strong set of results in the September quarter of financial year 2025 (Q2FY25)

Crompton Greaves Q2FY25 results: Net profit rises 27% to Rs 128 crore

Crompton Greaves Consumer Electricals Ltd on Thursday reported an increase of 26.9 per cent in its consolidated net profit to Rs 128.07 crore in the second quarter ended in September 2024. The company had posted a net profit of Rs 100.87 crore in the July-September quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL). However, its revenue from operations rose by 6.4 per cent to Rs 1,896.01 crore in the quarter under review, from Rs 1,782.27 crore in the same period last year. CGCEL's total expenses rose to Rs 1,742.79 crore in the September quarter of FY25, registering an increase of 4.9 per cent. The total consolidated income of CGCEL stood at Rs 1,913.53 crore in the September quarter, up 6.47 per cent. In the September quarter, CGCEL's revenue from the electric consumer durables segment was up 12.5 per cent to Rs 1,392.7 crore. Similarly, revenue from its lighting products business was up 6 per cent to Rs 253.13 crore. Ho

Crompton Greaves Consumer may underperform on near-term demand concerns

Near-term demand is lower amidst a host of factors such as inflationary challenges on consumer spending, rural weakness, and Q2 being a seasonally weak quarter post a strong summer

Crompton Greaves Q1 results: Net profit up at Rs 152 cr on strong demand

Revenue from operations jumped 14 per cent to Rs 2,138 crore, while cost of materials consumed fell to Rs 468 crore

Brokerages bullish on Crompton Greaves post Q4; stock hits 52-week high

On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23

RIL, Adani Ports, Vi, Biocon, CONCOR among nine stocks to track on May 17

At 6:51 AM, GIFT Nifty futures showed a rise of 26 points, trading at 22,478 levels, signaling a subdued start for the stock exchanges

Crompton Greaves Q3 results: Net profit falls 3.1% to Rs 85.45 crore

Crompton Greaves Consumer Electricals Ltd on Wednesday reported a 3.1 per cent decline in its consolidated net profit to Rs 85.45 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 88.19 crore in the October-December quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing. However, its revenue from operations rose 11.63 per cent to Rs 1,692.69 crore in the quarter under review. It was Rs 1,516.21 crore in the year-ago period. CGCEL's total expenses increased 12.22 per cent to Rs 1,596.90 crore in the December 2023 quarter. The total consolidated income surged 11.17 per cent to Rs 1,709.36 crore. In the December 2023 quarter, CGCEL's revenue from the electric consumer durables segment jumped 18.54 per cent to Rs 1,209.27 crore. However, revenue from lighting products was flat at Rs 249.36 crore. Revenue from its subsidiary Butterfly, which it had acquired earlier last year, was Rs 234.06 crore. Sha

Crompton Greaves Q2 results: Net profit declines 23% at Rs 101 cr

Revenue from operations was up 4.9%, while expenses rose 6.2%

Crompton Greaves net profit falls 3.1% to Rs 122.03 cr in June quarter

Crompton Greaves Consumer Electricals Ltd on Saturday reported a 3.11 per cent decline in its consolidated net profit to Rs 122.03 crore in the first quarter ended in June 2023. The company had posted a net profit of Rs 125.95 crore in the April-June quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing. Its revenue from operations increased marginally to Rs 1,876.85 crore during the quarter under review against Rs 1,862.94 crore in the year-ago period. CGCEL's total expenses were at Rs 1,740.83 crore, up 2.81 per cent in the first quarter of FY 2023-24. Its total income in the June quarter was Rs 1,896.65 crore, up 1.24 per cent. In the June quarter, CGCEL's revenue from the electric consumer durables segment revenue was at Rs 1,428.98 crore compared to Rs 1,347.18 crore in Q1 FY23. However, revenue from lighting products slipped 12.68 per cent to Rs 228.98 crore against Rs 262.26 crore. While revenue from its new subsidiary Butterfly

Untimely rains dent summer sales; to keep durable stocks in check: Analysts

Analysts expect the stocks to remain weak in the near-term as lower sales offtake will lead to companies missing their earnings estimates for the April-June quarter (Q1FY24)

Crompton Greaves Q4 profit falls 25.4% to Rs 131.5 cr, revenue from ops up

Crompton Greaves Consumer Electricals Ltd on Friday reported a decline of 25.48 per cent in its consolidated net profit at Rs 131.55 crore in the fourth quarter ended March 2023. The company had posted a net profit of Rs 176.55 crore in the January-March quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing. Its revenue from operations increased 15.7 per cent to Rs 1,790.96 crore during the quarter under review against Rs 1,547.82 crore in the year-ago period. The total expenses in Q4 FY23 surged 21.8 per cent to Rs 1,637.30 from Rs 1,344.18 crore a year ago, the company said. CGCEL's total income in the March quarter was at Rs 1,807.73 crore, up 15.13 per cent. Commenting on the quarter results, CCGEL MD and CEO, Promeet Ghosh said: "We delivered well in Q4 with our calibrated approach towards BEE transition, roll out of new brand architecture for Pumps, portfolio strengthening in Appliances and focus on premiumisation across the board"

Zee Ent, UPL: 5 Nifty 500 stocks flash bearish signals, may fall up to 15%

Technically, stocks inversely proportionate to the benchmark indices' trend are safe to bet during weakness.

Butterfly Gandhimathi slips 5% on merger with Crompton Greaves Consumer

Crompton Greaves will issue 22 fully paid up shares of Rs 2 each for every five fully paid up shares of Rs 10 each of Butterfly

Crompton Greaves Consumer Electricals announces merger with Butterfly

Crompton Greaves Consumer Electricals Ltd (CGCEL) and Butterfly Gandhimathi Appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business. This will also simplify corporate and governance structure and convergence of public shareholders of Butterfly at the parent level and align interests for shareholders of both companies, said a joint statement. This would be based on a share swap, it added. "Upon merger, the public shareholders of Butterfly as on the record date will receive 22 equity shares of Crompton for every 5 equity shares held by them in Butterfly, as a consideration for the merger," it said. Post-merger, the public shareholders of Butterfly will hold ~3 per cent stake in the the combined entity, it added. "The scheme is subject to the necessary statutory and regulatory approvals including approval of the stock exchanges, SEBI, the respective shareholders and creditors of each of the companies and NCLT (Mumbai and Che

Eicher Motors CFO Arunachalam resigns, to join Crompton Greaves on Sept 5

The company has stated that the appointment of a new CFO in his place would be intimated in due course

Outlook positive for CG Consumer despite home appliance firm's Q1 miss

Market share gains in key categories and entry into premium kitchen appliances are positives

Crompton Greaves Consumer Electricals net profit up 33% at Rs 125.95 cr

Crompton Greaves Consumer Electricals Ltd on Friday reported a 33 per cent increase in consolidated net profit at Rs 125.95 crore in the first quarter ended June 30, on the back of higher sales

Street Signs: Market uptrend, short covering in Tata Motors, and more

Nifty has not gained for more than three weeks in a row since mid-January 2022

Adani, LG among 15 firms chosen by DPIIT for round-2 of white goods PLI

Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities

Crompton Greaves plans to raise up to Rs 925 cr via debt securities

The board is scheduled to meet on Monday, June 13, 2022, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing