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Crompton Greaves Q1 consolidated net profit rises 27% to Rs 95 cr, revenue up 46%

Crompton Greaves Q1 consolidated net profit rises 27% to Rs 95 cr, revenue up 46%
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Results: Crompton Greaves Consumer Electricals Q4 profit rises over 2-folds to Rs 249 crore

Results: Crompton Greaves Consumer Electricals Q4 profit rises over 2-folds to Rs 249 crore Crompton Greaves Consumer Electrical Crompton Greaves Consumer Electricals Ltd on Friday reported an over two-fold increase in its consolidated net profit at Rs 249.08 crore in the fourth quarter ended March 2021. The company had posted a net profit of Rs 102.10 crore in the January-March quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing. Its revenue from operations was up 48.3 per cent at Rs 1,522.05 crore during the quarter under review as against Rs 1,026.34 crore in the corresponding period of the last fiscal. Commenting on the results, CGCEL Managing Director Shantanu Khosla said: ECD (electric consumer durables) segment continued its strong performance, registering robust growth across categories and geographies. B2C LED lighting business continued its improving growth trend. While alternate channels such as e-commerce and rural market inc

Crompton Greaves Consumer Electricals Q3 net down 6% to Rs 151 cr

Crompton Greaves Consumer Electricals on Friday reported a 6.13 per cent decline in consolidated net profit at Rs 151.09 crore for the quarter ended December 2020. The company had posted a net profit of Rs 160.97 crore in the October-December period a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing. However, its revenue from operations rose 25.84 per cent to Rs 1,348.17 crore during the quarter under review as against Rs 1,071.29 crore in the corresponding period of last fiscal. Profit After Tax for Q3FY21 was at Rs 151 crore. Last year PAT included effect of income tax refund and interest thereon. Like to like PAT growth is at 53 per cent, the company said in a post-earnings statment.

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