Crompton Greaves Consumer Electricals Limited — Updates, 12-02-2025: Press Release

Crompton Greaves Consumer Electricals Ltd. has delivered a strong performance for Q3 FY25, with standalone revenue of Rs. 1,545 Cr, marking a 6% year-on-year growth. The company's EBIT saw a notable increase of 15% YoY to Rs. 150 Cr, resulting in an EBIT margin improvement of 70 bps to 9.7%. This growth is primarily fueled by a thriving ECD segment led by pumps and small domestic appliances, alongside a steady lighting performance with revenue growing by 3% YoY.

The ongoing product innovation strategy, exemplified by new launches and upgrades, has strengthened Crompton's market position. Despite challenges in certain categories, key segments like mixer grinders and solar pumps showed significant growth, highlighting resilience. Additionally, Butterfly Gandhimathi Appliances Ltd. is showing signs of recovery, with revenue stabilization and substantial margin expansion.

Overall, Crompton's proactive measures in cost optimization and its strong focus on sustainability earned it recognition in the global ESG rankings, which enhances its appeal to socially-conscious investors. The positive trajectory indicates a favorable outlook for sustained growth.