Crompton Board Approves Financial Results, Second Term for Independent Director

Crompton Greaves Consumer Electricals Limited announced the approval of its unaudited financial results for Q3 FY26 and the nine months ending December 31, 2025. The board also approved seeking shareholder consent for the second term appointment of Mr. P R Ramesh as a Non-Executive, Independent Director, commencing May 21, 2026, and continuing until January 16, 2030.

Financial Performance Highlights

Crompton Greaves Consumer Electricals Limited has released its unaudited consolidated financial results. Key figures from the statement include:

  • Total Income: ₹1,911.07 crores for Q3 FY26.
  • Net Profit: ₹101.00 crores for Q3 FY26.
  • Total Comprehensive Income: ₹101.71 crores for Q3 FY26.

Segment-Wise Revenue

The revenue breakdown for Q3 FY26 across different segments is as follows:

  • Electric Consumer Durables: ₹1,385.02 crores
  • Lighting Products: ₹274.96 crores
  • Butterfly Products: ₹238.32 crores

Independent Director Re-Appointment

The Board has approved seeking members’ consent for the re-appointment of Mr. P R Ramesh (DIN: 01915274) as a Non-Executive, Independent Director for a second term. This term will commence on May 21, 2026, and continue up to January 16, 2030. The decision is subject to shareholder approval via postal ballot.

Exceptional Items Impact

An exceptional item of ₹20.04 crore was recognized during Q3 FY26 relating to employee benefit obligations after the enactment of the new labor codes.

Source: BSE

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