Crompton Greaves Q4 profit rises 29% to ₹172 crore; revenue grows 5%

Crompton Greaves Consumer Electricals Ltd on Thursday reported an increase of 28.7% in its consolidated net profit to ₹171.74 crore in the March quarter of FY25.

The company had posted a net profit of ₹133.43 crore in the January-March quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL).

Its revenue from operations was up 5.08% to ₹2,060.64 crore in the March quarter of FY25. It was at ₹1,961 crore in the year-ago period.

CGCEL's total expenses were at ₹1,845.77 crore, up 2.08% year on year.

In the March quarter, CGCEL's revenue from the electric consumer durables segment was up 5.73% to ₹1,602.92 crore.

However, revenue from its lighting products business was down 1.8% to ₹276.07 crore.

Revenue from its subsidiary Butterfly, which it had acquired earlier in February 2022, was up 18.13% to ₹181.65 crore.

The total consolidated income of CGCEL was at ₹2,076.57 crore in the March quarter, up 5.03%.

For the financial year ended March 31, 2025, CGCEL's net profit was up 27.7% to ₹564.08 crore, from ₹441.78 crore a year before.

In FY25, CGCEL's total consolidated income rose 7.48% to ₹7,932.38 crore.

Shares of Crompton Greaves Consumer Electricals Ltd on Thursday settled at ₹327.40 per scrip on BSE, down 1.22%.