Crompton Greaves Consumer Electricals reports a 19% rise in Q1 net profit to ₹142.70 crore, marking a strong recovery amid a debt-free status and improved revenue, driven by strong operational performance and absence of previous exceptional charges.
Crompton Greaves Consumer Electricals reported a 19% rise in consolidated net profit to ₹142.70 crore for the first quarter of fiscal 2027, helped by stronger revenue and the absence of the hefty exceptional charge that weighed on the previous quarter. Revenue from operations rose to ₹2,235.02 crore from ₹1,998.38 crore a year earlier, while total income climbed to ₹2,256.81 crore, according to the company’s filed results.
The latest numbers mark a sharp recovery from the March quarter, when Crompton booked an exceptional item of ₹716.04 crore and swung to a loss before tax. In the June quarter, total expenses increased to ₹2,065.50 crore from ₹1,855.96 crore in the same period last year, but profits still improved. Basic and diluted earnings per share rose to ₹2.18 from ₹1.90 a year earlier, after falling into negative territory in the previous quarter.
The results were approved at a board meeting that began at 10:10 a.m. and ended at 4:20 p.m. on August 6, 2026, just ahead of the company’s 12th annual general meeting scheduled for August 7. Earlier disclosures showed the board meeting was convened to clear the standalone and consolidated unaudited first-quarter numbers and followed a period in which the company had also outlined a ₹3 a share final dividend and reported progress on debt reduction, with redemption of non-convertible debentures leaving it in a zero-debt position.
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