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Crompton Greaves Consumer Electricals has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to ₹7,863.55 Cr (from ₹7,312.81 Cr), with net profit jumping to ₹564.08 Cr versus ₹441.78 Cr last year, driven by strong performances in Electric Consumer Durables and Lighting. The Board proposed a ₹3 per share dividend. Key committee changes were made after an independent director's term ended, and Parikh & Associates will now serve as Secretarial Auditors for five years. The company maintains a solid balance sheet with a net worth of ₹3,847.75 Cr and a low debt-equity ratio of 0.08. Operating cash flow stood at ₹737.41 Cr.
All announcements from Crompton Greaves Consumer Electricals Limited