Crompton Greaves Consumer Electricals Q2 profit jumps 65%
In short
Crompton Greaves Consumer Electricals reported Q2 results with net profit up 65% to Rs 124 crore. Revenue from operations rose 18.15%, and total income climbed 18.24%.
The gains came mainly from fans and appliances. This matters for investors because it shows stronger business growth, but the report does not give guidance or say if the trend will continue.
What the reporting says
Crompton Greaves Consumer Electricals reported a 65% rise in consolidated net profit for the September quarter, with profit at Rs 124 crore. Revenue from operations increased 18.15% year on year, and total income rose 18.24%, driven by growth in electric consumer durables, especially fans and appliances. The immediate consequence is a stronger quarterly performance for the company, but the reporting does not state margin trends or management guidance.
Why it matters
Crompton Greaves Consumer Electricals posted a 65% jump in consolidated net profit for the September quarter, reaching Rs 124 crore. Revenue from operations rose 18.15% and total income increased 18.24%, with growth strongest in electric consumer durables such as fans and appliances. The report signals a stronger quarter for the consumer electricals business, but it does not provide guidance or detail on margin changes.