Crompton Greaves Consumer Electricals Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported annual revenue of ₹8,095.52 crore for FY2026. Despite an annual net loss of ₹230.76 crore, largely due to a one-time ₹716.04 crore impairment charge in Q4, the Board has recommended a dividend of ₹3 per share, representing 150% of the face value, subject to shareholder approval.
Annual Financial Performance
For the financial year ended March 31, 2026, the company recorded total revenue of ₹8,095.52 crore, an increase from the previous year’s ₹7,864.08 crore. However, the consolidated net loss for the year stood at ₹230.76 crore. This result was heavily impacted by a significant impairment charge of ₹716.04 crore recognized in the final quarter, related to the company’s investment in its subsidiary, Butterfly Gandhimathi Appliances Limited.
Dividend Recommendation
Despite the annual financial impact, the Board of Directors has recommended a final dividend of ₹3 per equity share for the financial year ended March 31, 2026. This dividend represents 150% of the face value of ₹2 per share. The payout is subject to approval at the 12th Annual General Meeting (AGM), which is scheduled to be held on Friday, August 7, 2026. Shareholders eligible for this dividend will be determined based on the record date of Friday, July 24, 2026.
Key Corporate Developments
The company confirmed the re-appointment of MSKA & Associates LLP as Statutory Auditors for a second consecutive term of five years, spanning from the conclusion of the 12th AGM until the 17th AGM. Additionally, the company has completed the full redemption of its ₹300 crore listed secured Non-Convertible Debentures as of July 22, 2025, effectively releasing the charge over the Crompton brand.
Operational Review
The company maintains its focus on its primary segments, including Electric Consumer Durables and Lighting Products. The business successfully managed restructuring efforts at its Vadodara plant earlier in the fiscal year and continues to adapt its operations to the unified New Labour Codes, which became effective in November 2025.
Source: BSE
