Crompton Greaves Consumer Electricals Limited has announced its financial results for the quarter and year ended March 31, 2026. Despite reaching a total annual revenue of ₹8,095.52 crore, the company reported a consolidated net loss of ₹230.76 crore for the full year, primarily impacted by significant impairment charges. The Board has recommended a final dividend of ₹3 per equity share, subject to approval at the upcoming 12th Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, the company achieved a consolidated revenue from operations of ₹8,095.52 crore, compared to ₹7,864.08 crore in the previous year. However, the company recorded a consolidated net loss of ₹230.76 crore, a significant shift from the ₹564.08 crore profit reported in the prior fiscal year. This performance was heavily influenced by exceptional items totaling ₹756.44 crore, including an impairment charge of ₹716.04 crore related to its subsidiary, Butterfly Gandhimathi Appliances Limited.
Dividend and AGM Details
The Board of Directors has recommended a dividend of ₹3 per equity share, representing 150% of the ₹2 face value. The 12th Annual General Meeting (AGM) is scheduled for Friday, August 7, 2026, to be held via video conferencing. Shareholders eligible for this dividend will be determined based on the record date of Friday, July 24, 2026.
Strategic Leadership and Operational Updates
The Board has approved the reappointment of MSKA & Associates LLP as the Statutory Auditors for a second consecutive term of 5 years, covering the 12th through the 17th AGMs. Additionally, the company has reviewed and updated several key corporate policies, including the Nomination and Remuneration Policy and the Risk Management Policy, to ensure continued alignment with best practices.
Segment Breakdown
The company continues to operate across three main business segments: Electric Consumer Durables, Lighting Products, and Butterfly Products. For the quarter ended March 31, 2026, the Electric Consumer Durables segment generated revenue of ₹1,755.34 crore, while Lighting Products and Butterfly Products contributed ₹315.62 crore and ₹212.31 crore, respectively.
Source: BSE
