Saturday, May 16, 2026

Crompton Greaves slips into Q4 loss after one-off hit despite revenue growth

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Crompton Greaves Consumer Electricals reported a consolidated net loss of ₹533.9 crore for the fourth quarter of FY26, compared with a net profit of ₹169.5 crore in the year-ago period on May 13, after booking a ₹716 crore impairment charge related to its Butterfly Gandhimathi business.The company said it maintained adjusted profit after tax, excluding exceptional items, at ₹172 crore during the quarter.

Revenue for the quarter rose 10.8% year-on-year to ₹2,283.3 crore from ₹2,060.8 crore earlier, while EBITDA increased marginally by 1.2% to ₹270.7 crore.
EBITDA margin narrowed to 11.9% from 13% a year ago, impacted by higher commodity costs and other expenses, partly offset by cost optimisation initiatives.The board recommended a dividend of ₹3 per equity share for FY26, subject to shareholder approval at the company’s upcoming annual general meeting scheduled for August 7, 2026. The record date for determining dividend eligibility has been fixed as July 24, 2026.

Also Read: Tube Investments Q4 Results: Shares rise as profit jumps 84%, margin expands

Separately, the company said it fully redeemed its listed secured non-convertible debentures aggregating to ₹300 crore during FY26, following which the charge over the “Crompton” and “Crompton Greaves” brands has been released.

Ahead of the earnings announcement, shares of Crompton Greaves Consumer Electricals closed 0.69% higher at ₹284 on the NSE.

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