Stories
Q2 Results: Crompton Greaves Profit Jumps 68 Percent and Shoppers Stop Returns to Profit
C
CNBC Awaaz•16-10-2026, 15:07
Q2 Results: Crompton Greaves Profit Jumps 68 Percent and Shoppers Stop Returns to Profit
- •Crompton Greaves Consumer Electricals reported a 68 percent year-on-year surge in net profit to Rs 119.3 crore compared to Rs 71 crore last year.
- •Crompton's revenue grew by 18.1 percent to Rs 2,263.2 crore, beating CNBC-TV18 poll estimates.
- •Shoppers Stop returned to profitability with a net profit of Rs 3.11 crore for the July-September quarter, recovering from a net loss of Rs 20 crore in the previous year.
- •Shoppers Stop registered an 8.7 percent year-on-year growth in revenue, reaching Rs 1,366.2 crore.
Key Questions Answered
Crompton Greaves Consumer Electricals reported a 68% year-on-year surge in net profit to ₹119.3 crore for the second quarter of the fiscal year 2026-27, while its revenue increased by 18.1% to reach ₹2,263.2 crore.
Shoppers Stop returned to profitability in the July-September quarter of fiscal year 2026-27, posting a net profit of ₹3.11 crore compared to a net loss of ₹20 crore in the same period last year.
Following the earnings release, Crompton Greaves' stock experienced a limited decline, whereas Shoppers Stop saw profit booking dominate, causing its stock to fall by over 2% despite a pre-results rally.
