Crompton Greaves Consumer Electricals (CGCEL) delivered strong Q1 FY27 consolidated performance. Revenue grew 11.8% YoY to 2,235 Cr, with Profit before Tax (PBT) up 15.2% and EBIT rising 14.1%, outpacing revenue growth. EBITDA margin expanded 20 bps to 10.0%. Growth was broad-based across Electrical Consumer Durables (ECD) with margin expansion, Lighting (strong B2B/B2C growth), and robust performance from Butterfly appliances.
The company's 'Crompton 2.0' strategy focuses on consumer-led innovation, premiumizing its portfolio, and boosting Go-To-Market (GTM) excellence. Digital enablement is a key pillar for future growth. Recent highlights include record quarterly sales for BLDC fans, strong traction in wires, and new product launches like advanced BLDC fans and air fryers. CGCEL also won the Golden Peacock Eco-Innovation Award for its RENZ COOKTOP.
Key financial metrics show consolidated Net Profit at 143 Cr (up 15.2% YoY) and Basic EPS at 2.18 for Q1 FY27, up from 1.90 last year. Management sees a resilient demand outlook for India, driven by premiumization trends and expanding consumer base in Tier-2/3 cities. The company is committed to strengthening distribution and accelerating its multi-category offerings.
All announcements from Crompton Greaves Consumer Electricals Limited