Crompton Greaves Consumer Electricals Limited has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a revenue from operations of ₹8,095.52 crore for the full financial year. The Board of Directors has recommended a dividend of ₹3 per equity share, representing 150% of the face value. Furthermore, the company declared an impairment charge and outlined key leadership and policy updates.
Annual and Quarterly Financial Performance
For the financial year ended March 31, 2026, the company achieved a total revenue from operations of ₹8,095.52 crore, compared to ₹7,864.08 crore in the previous year. For the quarter ending March 31, 2026, revenue stood at ₹2,283.27 crore. The company reported a net loss for the year of ₹230.76 crore, significantly impacted by a one-time impairment charge of ₹716.04 crore recognized in Q4 related to its investment in the subsidiary Butterfly Gandhimathi Appliances Limited.
Dividend Recommendation
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹3 per equity share, having a face value of ₹2 each. This represents a payout of 150%. The dividend is subject to approval by shareholders at the upcoming 12th Annual General Meeting (AGM), scheduled for August 7, 2026. The record date for determining dividend eligibility is set for July 24, 2026.
Strategic Corporate Updates
During the meeting, the Board finalized several key governance and operational decisions. The appointment of MSKA & Associates LLP as Statutory Auditors was approved for a second term of five consecutive years. Additionally, the company confirmed the re-appointment of several key auditors for the 2026-27 financial year, including Ashwin Solanki & Associates (Cost Auditors), Grant Thornton Bharat LLP (Internal Auditors), and Sharp & Tannan (Tax Auditors). Several internal policies, including those related to Risk Management and Related Party Transactions, were reviewed and amended to ensure compliance with the latest governance standards.
Segment Breakdown
The company continues to operate through three primary segments. The Electric Consumer Durables segment remained the largest contributor, generating ₹6,095.90 crore in revenue for the full year. The Lighting Products segment reported annual revenue of ₹1,084.60 crore, while the Butterfly Products segment contributed ₹915.02 crore. Despite sector-wide challenges, the company remains focused on strengthening its multi-business operational framework.
Source: BSE