Crompton Greaves Consumer Electricals Limited has reported a 1.87 per cent YoY decline in the consolidated profit at Rs 148.26 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 151.09 crore in the corresponding quarter last fiscal year. The company’s revenue from operations grew 4.62 per cent YoY to Rs 1,410.59 crore compared to a revenue of Rs 1,348.17 crore posted last year.
Fans growth was driven by strong performance in the premium & decorative segments, leading to an all-time high market share. Appliances’ business continued to deliver robust growth based on excellent consumer offerings in the core categories of water heaters, mixer grinders and irons. B2C LED lighting grew more than 20 per cent.
If you have an interesting Article / Report/case study to share, please get in touch with us at editors@roymediative.com/ roy@roymediative.com , 9811346846/9625243429.
