Crompton Greaves Q2 profit rises 65% to Rs 124 crore
In short
Crompton Greaves Consumer Electricals reported a 65% jump in quarterly net profit to Rs 124 crore for the September quarter. Revenue from operations rose 18.15%, and total income increased 18.24%. Fans and appliances helped drive the gains.
This matters to investors because the company posted strong sales and profit growth. The reporting does not say whether the trend will continue or what the company expects next.
What the reporting says
Crompton Greaves Consumer Electricals reported a 65% rise in consolidated net profit for the September quarter, reaching Rs 124 crore, according to publisher summaries. Revenue from operations increased 18.15% year on year, and total income rose 18.24%, with the electric consumer durable segment, especially fans and appliances, driving growth. The immediate result is a stronger quarterly performance, while the reporting does not give management guidance or margin details.
Why it matters
Crompton Greaves Consumer Electricals reported a 65% increase in consolidated net profit for the September quarter, with profit at Rs 124 crore, according to publisher summaries. Revenue from operations rose 18.15% and total income increased 18.24%, helped by the electric consumer durable segment, especially fans and appliances. The reporting does not provide guidance, margin commentary, or a detailed outlook.