Crompton Greaves Consumer Electricals Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a consolidated annual revenue of ₹8,095.52 crore, despite an annual net loss of ₹230.76 crore primarily due to exceptional item charges. The Board has recommended a dividend of ₹3 per equity share (150% of face value) for the financial year, subject to shareholder approval.
Annual Financial Overview
For the financial year ended March 31, 2026, the company recorded a consolidated revenue from operations of ₹8,095.52 crore. The financial performance was significantly impacted by ₹756.44 crore in exceptional items, primarily driven by a ₹716.04 crore impairment charge on the investment in its subsidiary, Butterfly Gandhimathi Appliances Limited, during the final quarter.
Segment Performance
The company operates across three main segments. The Electric Consumer Durables segment remained the largest contributor, generating ₹6,095.90 crore in annual revenue. The Lighting Products segment contributed ₹1,084.60 crore, while the Butterfly Products segment added ₹915.02 crore to the total annual revenue.
Dividend and Governance
The Board of Directors has recommended a dividend of ₹3 per equity share, representing 150% of the face value of ₹2 per share. If approved by members at the 12th Annual General Meeting scheduled for August 7, 2026, the payout will be made to eligible shareholders. The record date to determine dividend entitlement has been set for July 24, 2026.
Auditor Re-appointments
The Board has approved the re-appointment of Ms. MSKA & Associates LLP as the Statutory Auditor for a second consecutive 5-year term, effective from the conclusion of the 12th AGM until the 17th AGM. Additionally, the company has re-appointed M/s. Ashwin Solanki & Associates (Cost Auditors), M/s. Grant Thornton Bharat LLP (Internal Auditors), and M/s. Sharp & Tannan (Tax Auditors) for the 2026-27 financial year.
Source: BSE