Crompton Greaves Consumer Electricals Ltd

Crompton Greaves Consumer Electricals has launched a new product - Tablight 200W LED Flood Lights under B2C lighting category for domestic market. Powered by Capital Market - Live

Crompton Greaves Consumer Electricals will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

Crompton Greaves Consumer Electricals has received a letter of Empanelment from Maharashtra State Electricity Distribution Company (MSEDCL) for EPC Contracts for design, manufacture, supply, installation, testing & commissioning of Solar Photovoltaic Water Pumping Systems (SPWPS) with PV Modules under MTSKPY/ PM-KUSUM scheme at various location across the State of Maharashtra with total order value of Rs 46,20,48,229.00 only (excluding GST).Powered by Capital Market - Live

The key benchmarks indices continued to trade with minor gains in mid-morning trade. The market showed resilience despite FII outflows and the Sensex's weekly derivatives expiry today. Market participants will closely monitoring rupee movement, FII activity, IPO-related developments, and global cues. The Nifty hovered above the 26,200 level. Metal shares surged for the six consecutive trading sessions. At 11:25 ST, the barometer index, the S&P BSE Sensex jumped 85.95 points or 0.10% to 85,608.72. The Nifty 50 index advanced 36.90 points or 0.14% to 26,214.05. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.24% and the S&P BSE Small-Cap index added 0.22%. The market breadth was positive. On the BSE, 2,101 shares rose and 1,730 shares fell. A total of 205 shares were unchanged. The stock market will be closed tomorrow, 25 December 2025, on account of Christmas. IPO Update: Gujarat Kidney and Super Speciality received bids for 4,56,54,272 shares as against 1,32,26,880 shares on offer, according to stock exchange data at 11:21 IST on Wednesday (24 December 2025). The issue was subscribed 3.45 times. The issue opened for bidding on 22 December 2025 and it will close on 24 December 2025. The price band of the IPO is fixed between Rs 108 and 114 per share. Buzzing Index: The Nifty Metal index jumped 0.45% to 10,775.10 extending its gains for a six straight session, up 2.97% over the period. Hindustan Copper (up 4.95%), Hindustan Zinc (up 2.87%), National Aluminium Company (up 2.12%), Vedanta (up 1.74%) and Hindalco Industries (up 1.3%) advanced. Stocks in Spotlight: Crompton Greaves Consumer Electricals dropped 0.77% after the company announced that it has received an order worth Rs 46.20 crore from Maharashtra State Electricity Distribution Company (MSEDCL). ArisInfra Solutions rose 0.04%. The company announced that it has secured an asphalt supply order valued at approximately Rs 35 crore through its subsidiary, Buildmex-Infra. JD Cables advanced 0.78% after the company has secured a significant EPC infrastructure contract worth about Rs 244 crore from Kaushal Engineering for a key national highway development project (NHDP) in Jharkhand. Global Market: Asian market traded mixed on Wednesday, with several indexes set to close early in lieu of the Christmas Eve holiday. Media reports from Japan said that the country was set to issue about 29.6 trillion yen (about $190 billion) in new government bonds to fund its fiscal 2026 budget. The South Korean won strengthened against the greenback after media reports stated that South Korea's national pension fund was carrying out strategic foreign exchange hedging activities. Spot gold prices hit another record Wednesday, crossing $4,500 per ounce for the first time, driven by a weaker dollar, geopolitical tensions and U.S. Federal Reserve rate-cut expectations. Gold has notched a series of all-time highs this year, soaring over 70% year to date. Overnight in the U.S., stocks rose for a fourth straight session as artificial intelligence names continued to outperform during a holiday-shortened week. US GDP grew 4.3% in third quarter compared with 3.8% growth recorded in Second quarter. This is also the highest quarterly GDP growth in the US economy in the past 2 years. The S&P 500 added 0.46%, closing at a record level of 6,909.79. The broad market index is now just below its intraday all-time high of 6,920.34. The Nasdaq Composite climbed 0.57% to end at 23,561.84. Gains in tech giants such as Nvidia and Broadcom lifted the index. The Dow Jones Industrial Average rose 79.73 points, or 0.16%, and settled at 48,442.41.Powered by Capital Market - Live

In an exchange filing, the company said it has secured EPC contracts for the design, manufacture, supply, installation, testing, and commissioning of Solar Photovoltaic Water Pumping Systems (SPWPS) with PV modules under the MTSKPY/PM-KUSUM scheme at various locations across Maharashtra. The order covers 2,000 solar water pumping systems, with a total work order value of Rs 46,20,48,229. The company said the order is scheduled to be executed within 60 days from the date of issuance of the Notice to Proceed (NTP) or work order. Crompton Greaves Consumer Electricals also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party transaction under applicable regulatory norms. Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaries to pumps and household appliances such as water heaters, coolers, mixer grinders and irons. The company's standalone net profit fell 43.13% to Rs 70.10 crore in Q2 FY26 as against Rs 123.28 crore posted in Q2 FY25. Revenue from operations declined marginally to Rs 1,631.73 crore in Q2 FY26 as against Rs 1,645.33 crore in Q2 FY25. Powered by Capital Market - Live

As per the company's exchange filing, the order covers the design, manufacture, supply, installation, testing and commissioning of 1,214 solar photovoltaic water pumping systems with PV modules. The project will be executed across multiple locations in Maharashtra under the MTSKPY/PM-KUSUM scheme. The work is scheduled to commence within 60 days from the issue of the notice to proceed or work order. The company also clarified that neither its promoters nor members of the promoter group have any interest in the awarding entity, confirming that the transaction does not qualify as a related-party deal under regulatory norms. Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaries to pumps and household appliances such as water heaters, coolers, mixer grinders and irons. The company's standalone net profit fell 43.13% to Rs 70.10 crore in Q2 FY26 as against Rs 123.28 crore posted in Q2 FY25. Revenue from operations declined marginally to Rs 1,631.73 crore in Q2 FY26 as against Rs 1,645.33 crore in the quarter ended 30 September 2024. The counter rose 0.40% to Rs 252.55 on the BSE. Powered by Capital Market - Live

Revenue from operations declined marginally to Rs 1,631.73 crore in Q2 FY26 as against Rs 1,645.33 crore in the quarter ended 30 September 2024. Profit before exceptional items and tax fell 30.47% year-on-year to Rs 114.43 crore in Q2 FY26. The company reported an exceptional item of Rs 20.36 crore during the quarter. EBITDA stood at Rs 130 crore in Q2 FY26, recording a de-growth of 27.9% as compared with Rs 180 crore registered in Q2 FY25. On the segmental front, the ECD business reported a 2% year-on-year decline in revenue to Rs 1,371 crore with an EBIT margin of 10.6% in Q2. The decline was largely on account of adverse weather conditions. Pumps and Small Domestic Appliances (SDA) delivered strong performances, while Fans and Large Domestic Appliances (LDA) offtake continued to remain subdued. Pumps recorded strong growth, led by good solar pump performance, and the order pipeline continues to be robust. The SDA segment continued to grow well, driven by new launches and effective festive campaigns. The lighting segment reported revenue of Rs 261 crore, up 3.1% year-on-year, with volume growth rebounding to high-teens. B2C growth was driven by ceiling lights and street/floodlight segments, while B2B growth continued with key wins across major projects. Butterfly Gandhimathi Appliances reported revenue of Rs 293 crore, reflecting strong 14% year-on-year growth. EBITDA grew by 21% year-on-year, driven by gross margin improvement. Core categories delivered double-digit growth, supported by sustained volume growth and new product launches. The 'Idea First' Series, a premium range introduced last quarter, gained traction, and premium offerings led to disproportionate growth in e-commerce, modern trade, and regional chain stores. On a consolidated basis, the company's net profit fell 43.01% to Rs 71.17 crore in Q2 FY26 as against Rs 124.90 crore in Q2 FY25, while revenue from operations rose 1.02% year-on-year to Rs 1,915.57 crore in the quarter ended 30 September 2025. Promeet Ghosh, MD & CEO, said, 'Despite a challenging environment, our well-diversified product portfolio remained resilient with strong momentum in pumps, small domestic and kitchen appliances. We believe GST 2.0 will act as a structural catalyst to consumption, with benefits percolating to the durables segment in a phased manner. Despite a challenging environment, our well-diversified product portfolio remained resilient with strong momentum in pumps, small domestic and kitchen appliances. We believe GST 2.0 will act as a structural catalyst to consumption, with benefits percolating to the durables segment in a phased manner. We remain committed to strengthening the 'Crompton' brand, continued expansion of distribution, focused innovation, enhancing manufacturing capabilities, and investing in our people'ensuring we are wellpositioned to capture future opportunities and sustain long-term growth.' Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaries to pumps and household appliances such as water heaters, coolers, mixer grinders and irons. Powered by Capital Market - Live

Net profit of Crompton Greaves Consumer Electricals declined 43.02% to Rs 71.17 crore in the quarter ended September 2025 as against Rs 124.90 crore during the previous quarter ended September 2024. Sales rose 1.02% to Rs 1915.57 crore in the quarter ended September 2025 as against Rs 1896.15 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1915.571896.15 1 OPM %8.2710.74 - PBDT166.60208.90 -20 PBT122.56170.74 -28 NP71.17124.90 -43 Powered by Capital Market - Live

The order was received from the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP). The 77.40 MW project, valued at Rs 445.03 crore, involves the design, engineering, supply, installation, testing, and commissioning of 2KW solar rooftop systems. Under this utility led aggregation (CAPEX) model, Crompton will solarize 38,699 SC & ST consumers, focusing on extending clean energy access to underserved communities. The project is expected to be completed within approximately six months. Being a domestic order, the contract does not involve any related-party transactions, and Crompton's promoters and group companies have no interest in NREDCAP. Crompton Greaves Consumer Electricals is one of the leading consumer companies in India with a brand legacy of over 75 years. It is an independent company under professional management, operating in two business segments: lighting and electrical consumer durables. We market our products under the 'Crompton' brand name in India and select export markets. The company's consolidated net profit tanked 19.4% to Rs 122.29 crore on a 6.5% decline in revenue from operations to Rs 1,998.34 crore in Q1 FY26 over Q1 FY25. Shares of Crompton Greaves Consumer Electricals shed 0.34% to Rs 289.90 on the BSE. Powered by Capital Market - Live

Crompton Greaves Consumer Electricals has received an letter of award from New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP) for EPC Contracts for Design, Engineering, Supply, Installation, Testing & Commissioning and O&M for 5 (Five) years of 2KW Solar Rooftop System of 77.40 MWp Grid connected RTS Plants for 38,699 SC & ST consumers through utility led aggregation (CAPEX) mode in APDISCOMs under PM -Surya Ghar Muft Bijli Yojna with total order value of Rs. 445,03,85,000/- excluding GST.Powered by Capital Market - Live