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Crompton Consumer Electricals Reports Net Loss Despite Revenue Growth
13 May
Summary
- Company reported net loss of ₹533.9 crore in Q4 FY26.
- Revenue increased 10.8% year-on-year to ₹2,283.3 crore.
- A dividend of ₹3 per equity share was recommended for FY26.
Crompton Greaves Consumer Electricals announced a net loss of ₹533.9 crore for the fourth quarter of FY26. This financial outcome was largely influenced by a substantial ₹716 crore impairment charge connected to its Butterfly Gandhimathi business.
Despite the reported net loss, the company experienced revenue growth, with sales increasing by 10.8% year-on-year to reach ₹2,283.3 crore during the same quarter. Adjusted profit after tax, excluding exceptional items, was maintained at ₹172 crore.
For the fiscal year 2026, the board has proposed a dividend of ₹3 per equity share. Shareholders will vote on this recommendation at the annual general meeting scheduled for August 7, 2026.
Additionally, Crompton Greaves Consumer Electricals fully redeemed ₹300 crore of listed secured non-convertible debentures. This action has led to the release of the charge previously held over the "Crompton" and "Crompton Greaves" brands.
