Crompton Greaves shares hit 52-week low as Q2 earnings disappoint investors; check all numbers

The firm reported a 43.2% decline in consolidated net profit at ₹71 crore on Thursday for the second quarter of the current financial year (Q2 FY26) as against ₹125 crore in the same period last year.

Its revenue from operations rose marginally by 1% in the July-September period to ₹1,916 crore as compared to ₹1,896 crore on a year-on-year (YoY) basis.

Revenue for the quarter was led by underlying volume growth of 3% YoY, partially offset by pricing adjustments, the company said. “This was delivered despite a challenging market & unfavourable weather conditions,” the household appliances firm said in a statement.

On the operational front, Crompton Greaves’ earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter slipped 22% to ₹159 crore in Q2 FY26 as compared to ₹203 crore in the corresponding quarter for the previous fiscal year.

The EBITDA margin for the quarter also contracted 8.2% in the reporting quarter in contrast to 10.7% YoY.

Crompton Greaves attributed the year-on-year decline in EBITDA and margins to commodity inflation, pricing pressures, sustained A&P investments, and higher operating expenses incurred to support its transformation initiatives.

Commenting on the performance, 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.”

Crompton Greaves share price

At 10:30 AM, shares of Crompton Greaves were trading at ₹270 apiece on NSE, declining 3.07%.

Over the last five trading sessions, shares of the company have lost over 4%, while for six months’ time, they have tumbled 19%. From the beginning of the year, Crompton Greaves shares have fallen 28%.

Its market capitalisation stands at ₹17,388.92 crore.

Segment-wise updates

Segment-wise, the company’s Electrical Consumer Durables (ECD) division reported revenues of ₹1,371 crore, down 1.5% year-on-year, primarily due to adverse weather conditions.

Within the segment, Pumps and Small Domestic Appliances (SDA) delivered strong performances. Pumps recorded robust growth, supported by healthy demand for solar pumps and a strong order pipeline. SDA continued its upward trajectory, driven by successful new product launches and effective festive campaigns, while demand for Fans and Large Domestic Appliances (LDA) remained subdued.

Further, in October 2025, Crompton Greaves secured orders worth approximately ₹500 crore, comprising around 50,000 solar rooftop units.

“During the current quarter, the solar rooftop business secured its first-ever order of ₹52 crore, followed by the largest-ever order of ₹445 crore, cumulating to a total of ~₹500 crore and ~50,000 units. These orders are expected to provide a significant fillip to our direct-to-consumer business and mark the beginning of a new growth engine, backed by the company’s proven excellence in execution and a robust supply chain network,” Ghosh further said.