Crompton Greaves Consumer Electricals Ltd

Crompton Greaves Consumer Electricals will hold a meeting of the Board of Directors of the Company on 13 May 2026.

Crompton Greaves Consumer Electricals has received a letter of empanelment and rate contract from Maharashtra State Electricity Distribution Company (MSEDCL) for design, manufacture, supply, installation, testing & commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under MTSKPY/ PM-KUSUM-B scheme at various location across the State of Maharashtra with total order value of Rs. 71.75 crore.

The total order value is approximately Rs 71.75 crore. The scope of work includes design, manufacture, supply, installation, testing and commissioning of off-grid DC solar photovoltaic water pumping systems, along with warranty, repair and maintenance, and remote monitoring system services across various locations in Maharashtra. The project is to be executed within 60 days from the issuance of the Notice to Proceed or work order. 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 consolidated net profit marginally rose 0.02% to Rs 111.93 crore on a 7.4% rise in revenue from operations to Rs 1,659.49 crore in Q3 FY26 over Q3 FY25. Shares of Crompton Greaves Consumer Electricals shed 0.69% to Rs 259.20 on the BSE.

Crompton Greaves Consumer Electricals has received affirmation in credit rating at IND AA+/ Stable/ IND A1+ for bank loan facilities of Rs 9750 crore. Powered by Capital Market - Live

Crompton Greaves Consumer Electricals has launched range of insulated cables (electrical wires and cables) products to cater to domestic market. Powered by Capital Market - Live

Net profit of Crompton Greaves Consumer Electricals declined 10.50% to Rs 98.31 crore in the quarter ended December 2025 as against Rs 109.84 crore during the previous quarter ended December 2024. Sales rose 7.30% to Rs 1898.30 crore in the quarter ended December 2025 as against Rs 1769.21 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1898.301769.21 7 OPM %10.2910.63 - PBDT199.66189.13 6 PBT156.06151.19 3 NP98.31109.84 -10 Powered by Capital Market - Live

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