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Crompton Greaves Q2 Profit Surges 68 Percent on Record Exports
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CNBC TV18•16-10-2026, 15:36
Crompton Greaves Q2 Profit Surges 68 Percent on Record Exports
- •Crompton Greaves Consumer Electricals reported a 68 percent jump in net profit to ₹119.3 crore for the September quarter.
- •Revenue increased by 18.1 percent to ₹2,263.2 crore, beating poll estimates across all segments.
- •EBITDA grew 24.1 percent year on year to ₹205 crore, with margins expanding to 9 percent.
- •The fans business returned to double-digit growth after nine consecutive quarters, aided by strong export sales.
- •The company is on track with its rooftop solar rollout and FY29 strategic financial targets.
Key Questions Answered
Crompton Greaves Consumer Electricals reported a 68% year-on-year jump in net profit, rising to ₹119.3 crore for the September quarter compared to ₹71 crore a year earlier.
The fans business returned to double-digit growth after nine consecutive quarters, driven by brushless direct current, standard, and TPW fans.
The company remains on track for its three-year ambitions for FY29, which include an exit EBITDA margin target of 11-12%, a cash payout ratio of around 35%, and an annual capital expenditure run rate of about ₹120 crore.
