Crompton Greaves Consumer Electricals Limited announced its Q2 FY27 financial results, showcasing robust performance with an 18.2% year-on-year revenue growth to ₹2,263 crore. The company reported an EBITDA of ₹205 crore, a 24.1% increase, with margins expanding by 40 basis points to 9%. Profit after tax (PAT) grew by an impressive 65%. This growth was attributed to sustained brand building, innovation, and disciplined execution across all business segments.
Crompton Greaves Consumer Electricals Reports Strong Q2 FY27 Performance
Crompton Greaves Consumer Electricals Limited has announced its financial results for the second quarter of Fiscal Year 2027 (Q2 FY27), reporting a strong double-digit revenue and profit growth. The company’s consolidated revenue surged by 18.2% year-on-year to ₹2,263 crore. EBITDA for the quarter stood at ₹205 crore, marking a 24.1% increase from the previous year, with EBITDA margins expanding by 40 basis points to 9%.
Key Financial Highlights
Profit After Tax (PAT) saw a significant growth of 65%, bolstered by exceptional items in the previous year’s comparison. The company noted that PBT excluding exceptional items grew by 36.2%, with PAT margins expanding by 160 basis points. This performance validates the company’s strategic trajectory, driven by sustained brand building, innovation, and disciplined execution.
Segment Performance and Growth Drivers
All business segments contributed to the growth. ECD (Electrical Consumer Durables) delivered stellar 19.4% YoY growth, with EBIT margins improving to 11.6%. The Fans segment achieved double-digit growth, with BLDC fans showing strong momentum. The Pumps business also posted double-digit growth, supported by solar pumps and conventional Agri pumps. Appliances, including water heaters and small domestic appliances like air fryers and induction cooktops, also recorded significant double-digit growth.
New Businesses and International Expansion
The company is actively developing new business areas such as Wires and Solar Rooftop, with positive early traction observed in South India and expansion into other regions. Exports also saw a substantial increase of over 70%, recording the highest ever quarterly revenues, indicating a growing international market presence. Crompton is evaluating Greenfield manufacturing plants to enhance capabilities.
Outlook and Strategy
Management expressed optimism about the structural growth prospects, while remaining vigilant on macroeconomic headwinds. The company continues to focus on disciplined price increases, cost savings through its ‘Unnati’ program, and operating leverage. Crompton anticipates sustained double-digit revenue and profit growth, supported by a leaner cost structure and a strong brand resonating with consumers.
Source: BSE
