Crompton Greaves Consumer Electricals delivered exceptional financial results for the September quarter, with consolidated net profit surging 65% to ₹124.39 crore compared to ₹75.42 crore in the same period last year. According to The Economic Times, the company's revenue from operations jumped 18.15% to ₹2,263.29 crore in Q2, up from ₹1,915.57 crore a year ago. The strong performance was driven by robust growth across multiple business segments and disciplined operational strategies. The Board of Directors approved these unaudited standalone and consolidated financial results on October 16, 2026, alongside limited review reports by statutory auditors MSKA & Associates LLP.
The company's electric consumer durable segment led growth with revenue rising 19.36% to ₹1,634.49 crore, marking the highest quarterly growth in the last nine quarters. As reported by CGCEL, this growth was led by robust performance in fans, conventional pumps, Large Domestic Appliances (LDA), and Small Domestic Appliances (SDA). The lighting products business also contributed significantly with revenue increasing 14.26% to ₹298.29 crore. Additionally, the subsidiary Butterfly, acquired in February 2022, showed healthy growth with revenue climbing 15.87% to ₹330.51 crore. The company's third consecutive quarter of strong double-digit growth was supported by market share gains in key categories, with revenue growth driven by double-digit growth in general trade and the highest-ever quarterly sales in international business.
According to CGCEL's earnings statement, EBITDA increased 24.1% year-on-year to ₹205 crore, delivering a 9% margin. The company attributed this performance to disciplined price increases, cost efficiencies, and operating leverage amid inflationary environments. EBITDA margin expanded by 40 basis points to 9.8% in Q2FY27, compared to 9.3% in the year-ago quarter. Total expenses increased 17% to ₹2,113.91 crore in the second quarter, while total consolidated income, including other income, surged 18.24% to ₹2,280.84 crore. The company's third consecutive quarter of strong double-digit growth was supported by market share gains in key categories.
The company demonstrated strong market expansion with top retail outlet coverage increasing from 41% in Q1 to 62% in Q2, indicating successful distribution strategy execution. However, inventories increased to ₹1,069.63 crore leading to negative operating cash flow during the quarter. The revenue growth was driven by double-digit growth in general trade and the highest-ever quarterly sales in international business. EBITDA stood at ₹222.18 crore for Q2FY27, compared to ₹178.23 crore in Q2FY26, reflecting the company's continued operational improvements across all business segments.
Shares of Crompton Greaves Consumer Electricals Ltd settled at ₹217.20 per scrip on BSE, up 0.63% on Friday following the results announcement. As per The Economic Times, this positive market response reflects investor confidence in the company's consistent quarterly performance and strong operational metrics across all business segments.
